Article: Business briefs

McJunkin Red Man buys distributor

McJunkin Red Man Corp. announced it has entered into an agreement to acquire Transmark Fcx Group, a distributor of specialty valves and flow control equipment based in the United Kingdom.

Transmark has a network of 45 distribution and service facilities in the United Kingdom, Europe, the Middle East, Australia, New Zealand, and Southeast Asia.

McJunkin Red Man is headquartered in Houston, Tex., and has corporate offices in Tulsa, Okla., and Charleston. McJunkin Red Man is the largest distributor of industrial pipe, valves and fittings in North America, with more than 3,700 employees and more than 250 locations.

Andrew Lane, McJunkin Red Man's chief executive ...

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