NEFCO, a construction supply distributor, announced that it has acquired STS Industrial, a Louisiana-based distributor serving energy and industrial customers nationwide.
Financial terms of the transaction were not disclosed.
STS Industrial supplies fasteners, pipe, valves and fittings, gaskets, pipe supports and cutting tools to customers in the energy, refinery, chemical and industrial markets. The company is headquarters in Sulphur, Louisiana.
NEFCO said the acquisition expands its capabilities serving industrial and energy customers and strengthens its presence in the Gulf Coast region.
“STS has been a respected supplier with deep roots in the Gulf region, and their expertise and culture align directly with NEFCO’s focus on speed, service and technical solutions for contractors,” said Matthew Gelles, president and chief executive officer of NEFCO, in the company’s announcement.
STS Industrial will continue operating as part of NEFCO following the transaction.
NEFCO is a specialty construction supply distributor headquartered in East Hartford, Connecticut, serving professional contractors and industrial customers across North America.
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