DXP Enterprises completed the acquisition of Kappe Associates.

DXP Enterprises, an industrial supplies company, completed the acquisition of Kappe Associates, a distributor and manufacturers representative of pumps, controls and process equipment focused on serving the water and wastewater industry. Financial terms were not disclosed. “We are pleased to announce the acquisition of Kappe and start the year with great additions to our water and wastewater growth efforts. We are excited to have Kappe and Hennesy join our DXP family. Each company provides DXP with exceptional sales expertise that will enhance our efforts and ability to collaborate and serve our customers and grow our DXP Water platform. These acquisitions are consistent with our growth strategy and demonstrate our commitment to expanding DXP into the water and wastewater treatment markets as well as maintaining our leading position as the largest distributor of rotating equipment in North America,” David Little, DXP Chairman and CEO.