Singer Equities buys Industrial and Marine Equip. Co.
Singer Equities has acquired Industrial and Marine Equipment Co., Inc. with headquarters in New Orleans.
Industrial and Marine, founded in 1947, is a distributor of hydraulic and pneumatic components to the oil and gas, marine and industrial marketplace in the Gulf Coast region. Services include hydraulic hose, industrial hose, metal hose and expansion joint fabrication, certification and testing. The company will continue to operate as Industrial and Marine Equipment and will be a part of Spartan Industrial Products, with locations in Belle Chasse, Houma, Broussard and Golden Meadow, La.
“Industrial and Marine Equipment provides a strong strategic fit for our organization and we are pleased Paul Haworth, Daniel Haworth and their entire team will remain with our growing organization,” said Singer Equities president Don Fritzinger.
Singer Equities is a group of value-added distributors of industrial rubber products and services. The company's recent merger with Bishop Lifting Products, which specializes in the distribution of lifting and rigging products, testing and fabricating services, recently formed SBP Holding LP. With 30 locations throughout the country, SB Holding serves the construction, oil/gas, marine, defense, food, agricultural and specialized OEM industries, providing intricate assembly, testing, certifications, field inspection and installation services in high-pressure and critical service applications.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
