IDG makes two acquisitions
Industrial Distribution Group has completed the acquisitions of Tommy White Supply Co. and the industrial division of Duncan Co.
Headquartered in Midland, Texas, TWS provides supplies, services and equipment to customers in high growth energy markets. It also operates a wellhead shop and two dedicated pump shops. TWS serves energy firms in the Permian Basin, one of the most active oil and natural gas producing regions in North America. With this acquisition, IDG adds a team of technical product experts and extends its capabilities for serving customers in the energy market. The existing management team will continue to lead TWS operations within IDG.
Headquartered in Minneapolis, Duncan Industrial distributes a broad range of industrial supplies, including cutting tools, abrasives and metal removal products. Through this acquisition, IDG strengthens its position in the Upper Midwest. Duncan Co. will retain its Flow Control business, which will continue to operate as Duncan Co.
“We are excited to welcome the TWS and Duncan Industrial teams to the IDG family, and we look forward to their contributions as we continue to expand our growing market position," said Charles Lingenfelter, IDG president and chief executive officer. "I am confident that, through our shared core values, we will deliver to our customers even broader capabilities and enhanced service. With these transactions, IDG has completed six acquisitions since 2010, each strengthening the company’s portfolio of products and solutions.”
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
