DXP Enterprises Inc. (NASDAQ: DXPE), a products and services distributor, has acquired two companies, Riordan Materials Corporation and Florida Valve & Equipment Corp. and Environmental MD.
Riordan, headquartered in Blue Bell, Penn., provides products for water treatment, wastewater treatment, odor control, solids handling, pumping and biosolid process across Maryland, New Jersey, Pennsylvania, Delaware and Virginia.
Florida Valve EMD, headquartered in Ocala, Fla., provides valve and related products and services for municipal water across Florida.
“We are pleased to welcome the Riordan and Florida Valve employees to the DXP team,” said David R. Little, CEO of DXP. “Both are well-run businesses focused on providing value-added products and services to the water market. Riordan will provide DXP’s Water division with new geographic territory and Florida Valve will provide enhanced product capabilities. Riordan and Florida Valve are great companies with key differentiators and provide us with high-caliber people.”