BUHLMANN Group completed the acquisition of Lockwood Partners.

BUHLMANN Group, a premium distributor specializing in steel pipes and tubes, completed the acquisition of Lockwood Partners, an oil field equipment supplier. Financial terms were not disclosed. “Within our strategy for global growth, America is one of our central target markets. We are already represented there through an acquisition on the East Coast and with our own branch office. With the acquisition of Lockwood, we are entering the heart of the oil and gas industry suppliers at the Houston location. We are convinced that Lockwood will give us excellent access to the American market and that we will be able to support the local team with our expertise,” Jan-Oliver Buhlmann, BUHLMANN Managing Partner.