DXP Enterprises, Inc., Houston, TX, has acquired Massachusetts-based PFI, LLC, for $65 million. PFI distributes fasteners, rivets and hose clamps.
The company has locations in Georgia, North Carolina, Illinois, Ohio, Texas, California, Massachusetts and Florida.
PFI’s sales for the year ended May 3, 2008, were $71.9 million.
DXP provides pumping solutions, integrated supply and MROP (maintenance, repair, operating and production) services and distributes pumps, bearings, power transmission, seals, hose, safety, fluid power, and electrical and industrial …
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