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Industrial M&A image Industrial M&A » By The Online Investor Staff, updated Wed., May. 1, 10:04 PM Recent mergers and acquisitions in the Industrial M&A category.

Slide #91. MRC Global Inc. Stream AS

Acquirer: MRC Global Inc. (NYSE:MRC)
Acquiree: Stream AS
Details: MRC Global Inc. (NYSE: MRC) announced today that it has closed the previously announced acquisition of Stream AS. Headquartered in Norway, Stream is the leading pipe, valve and fittings (PVF) distributor and provider of flow control products, solutions and services to the offshore oil and gas industry on the Norwegian Continental Shelf.

MRC Global is a holding company. Through its subsidiaries, Co. is a distributor of pipe, valves and fittings (PVF) and other infrastructure products and services to energy, industrial and gas utility end-markets. Co. provides SKUs, including an array of PVF, oilfield supply, valve automation and modification, measurement, instrumentation and other general and specialty products from its global network of suppliers. Co. provides an array of services such as: product testing, manufacturer assessments, multiple daily deliveries, volume purchasing, inventory and zone store management and warehousing, technical support, training, just-in-time delivery, on-site commissioning and truck stocking.

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Company Name:  MRC Global Inc
Website:  www.mrcglobal.com
Sector:  Industrial Machinery & Equipment
Number of ETFs Holding MRC:  25
Total Market Value Held by ETFs:  $126.62M
Total Market Capitalization:  $977.00M
% of Market Cap. Held by ETFs:  12.96%
 

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May 1, 2024    10:04 PM Eastern
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Strong Buy (3.60 out of 4)
62nd percentile
(ranked higher than approx. 62% of all stocks covered)

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