*MDM previously misstated the nature of this acquisition. MDM regrets the error.
Merfish Pipe & Supply Co. (MPS) on Feb. 1 acquired United Pipe & Steel (UPS), combining under Merfish Pipe Holdings (MPH). The entity is majority owned by One Equity Partners (OEP).
The deal creates the largest master distributor of standard pipe products in the United States, according to Gerald Merfish, chairman of MPH.
UPS CEO Greg Leidner will assume the role of CEO of MPH. “Together we will continue to develop ways to enhance the supply chain for our suppliers and customers, while providing employees with meaningful and rewarding opportunities to develop professionally. This is a new and exciting chapter for MPS/UPS, our employees, our customers and our vendors,” says Leidner.
MPS is a nationwide master distributor of carbon steel welded and seamless pipe as well as carbon steel fittings and flanges. UPS also has a national footprint and is a master distributor of carbon steel standard pipe, copper tube, PVC pipe, electrical conduit and related products.
The combined entity will include 17 distribution centers across the United States, “offering a deep and wide range of pipe products, including domestic and imported carbon steel pipe, plastic pipe, copper tube, electrical conduit and related products so wholesale distributors can buy what they need, when they need it,” according to a release.
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