FCX Performance acquires two distributors
FCX Performance has acquired Eads Distribution, based in Houston, and The Massey Company, headquartered in Charlotte.
Eads Distribution is a flow control distributor of instrumentation and valves in the U.S., while The Massey Company brings years of specialty flow control experience and expertise to the FCX Performance portfolio.
The acquisitions maintain FCX Performance management’s continued push to provide additional value, synergies and better efficiencies to their customers and suppliers, according to a company statement announcing the acquisitions.
Eads Distribution and The Massey Company will maintain their identities in their respective marketplaces, with Eads Distribution operating as a standalone division of FCX and The Massey Company operating as a branch of Eads Distribution.
“We’re proud to welcome Eads Distribution and The Massey Company to the FCX family. These acquisitions further reinforce our already strong presence in Texas, Florida, and the Carolinas and adds significant geographical expansion in Tennessee, Georgia, Oklahoma, Arkansas, Mississippi, Alabama, and Louisiana” said Tom Cox, CEO of FCX. “FCX is known for our extensive product offering backed by our technical expertise, and these acquisitions strengthen those qualities.”
Together, these acquisitions are the largest undertaken by FCX Performance to date, and expand FCX’s footprint to 67 offices nationally, staffed by more than 1,000 team members.
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