The proposed purchase, will cover Fairmont Supply Company locations in Niagara, New York; Parkersburg and Charleston, West Virginia; Circleville, Ohio; Wilmington, Delaware; Mobile, Alabama; Beaumont, Houston, and Victoria, Texas, Ponchartrain, Louisiana; and Chattanooga, Nashville, and Memphis, Tennessee. Closing of the deal is subject to satisfaction of various conditions, including completion of due diligence and receipt of various business approvals. When completed, this acquisition will continue to position Cameron & Barkley, McJunkin, and McJunkin-CamBar as leaders in providing Value-Added MRO (maintenance, repair and operations) Services and Solutions.
Three Industrial Distribution Leaders To Acquire The Industrial Locations And Stores Management Sites Of Fairmont Supply Company
COMPANY PRESS RELEASE: Cameron & Barkley, McJunkin Corporation, and McJunkin-CamBar, today announced they have signed an agreement to acquire certain of the assets associated with eighteen Fairmont Supply Company industrial locations and stores management sites.