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Slide #38. MRC Global Inc. — Stream AS
MRC Global Inc. (NYSE:MRC)
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 the energy industry. Co. provides SKUs, including an array of PVF, oilfield supply, valve automation and modification, measurement, instrumentation and other general and specialty products from its network of suppliers. Co. provides services such as product testing, manufacturer assessments, multiple daily deliveries, volume purchasing, inventory and zone store management and warehousing, technical support, training, delivery, truck stocking, order consolidation, product tagging and system interfaces.
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Buy (3.43 out of 4)