RECENT RELEASESFCX Performance, Inc. Acquires Pump Energy, Inc.
COLUMBUS, OHJULY 23, 2014
FCX Performance, Inc. (“FCX”), a leading distributor of process flow control products and value-added services, announced today that it has completed the purchase of Pump Energy, Inc. (PEI).
PEI is a leading distributor of pumps, seals and related aftermarket services. Founded in 1978, PEI operates from two Texas locations in Stafford and Odessa and is recognized as one of the Gulf Coast’s leading rotating equipment distributors and service providers.
“We are very excited to announce this transaction with Pump Energy,” said Charley Hale, President of FCX. “Under the continued leadership of Ed Scala, Brad Dean and Gary Mason, PEI’s people and products will further our goal of being a one-stop provider of critical flow control & fluid processing equipment and services to our Gulf Coast customers”.
Hale added “that the two companies have very similar cultures that emphasize customer service, vendor relationships and a focus on providing long-term, career growth opportunities for our associates. We are very pleased to welcome the dedicated employees of PEI to the FCX family.”
About FCX Performance, Inc.
Based in Columbus, Ohio, FCX is a leading distributor of specialty process flow control products and services. The Company provides technical, mission-critical products and value-added services to more than 20,000 end users, original equipment manufacturers and engineering and construction firms across the process, oil & gas, power, high purity and municipal & commercial markets. FCX is known for its technical & application expertise as well its ability to offer a full range of products & services to its customers. Formed in 1999 and with predecessor company histories dating back to the early 1900s, the Company has 25 locations serving 35 states and over 400 employees. FCX has completed 16 strategic acquisitions since inception.