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Announced

Completed

DNOW completed the acquisition of Whitco Supply.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

oil and gas

Integrated Oil and Gas

Acquisition

Domestic

Majority

Private

Friendly

Single Bidder

Completed

Synopsis

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DNOW, a global stocking supplier of energy and industrial solutions, completed the acquisition of Whitco Supply, a supplier of pipe, valves, fittings, and flanges. Financial terms were not disclosed. “The acquisition of Whitco Supply aligns with our strategic objectives to diversify end-markets and is the result of our patient, disciplined approach to capital allocation. This transaction enhances our earnings and free cash flow profile and strengthens our ability to increase shareholder value,” David Cherechinsky, DNOW President and CEO.

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