NEW YORK Merfish Pipe & Supply Co. has purchased the assets of pipe distributor BBL Co. for an undisclosed amount.
"Our acquisition of the assets of BBL ... marks a new and exciting chapter for Merfish as we bring our industry-leading master distribution of steel pipe, fittings and flanges to the Northeastern USA," chief executive officer Gerald Merfish said in a statement Aug. 1.
Merfish and BBL did not return requests for additional comment.
Houston-based Merfish, which also owns line pipe distributor Pipe Exchange Inc., was recently acquired by One Equity Partners (OEP), the private investment arm of JPMorgan Chase & Co. (amm.com, Jan. 8)
Kulpsville, Pa.-based BBL is an authorized distributor of U.S. Steel Corp. and Wheatland Tube Co. products, and carries carbon, alloy, stainless steel, nickel and aluminum pipe and tube in ⅛-inch to 24-inch sizes, according to the statement.
Merfish is a master distributor of welded and seamless standard pipe, seamless pipe fittings and carbon steel forged flanges.