MKS to acquire Industrial Pipe & Supply.

MKS, a supplier of pipe, valves and fittings, agreed to acquire Industrial Pipe & Supply, a distribution company. Financial terms were not disclosed. "IPS represents exactly who we were 15 years ago – a tight-knit team with strong customer relationships and deep industry knowledge. They have the same commitment to customer service excellence and employee-first culture that has driven our growth. This acquisition allows us to bring specialized products and services to markets that have been underserved while providing IPS customers with expanded access to best-in-class suppliers," Steve Adams, MKS President and CEO.