DNOW completed the merger with MRC Global in a $1.5bn deal.

DNOW, a Houston-based supplier of energy and industrial products, completed the merger with MRC Global, a distributor of pipe, valves, fittings, and automation solutions, in a $1.5bn deal. “Bringing our two companies together advances our shared goal of becoming a premier choice for energy, gas utility and industrial customers seeking exceptional service and solutions for the largest and most complex industry needs. The transaction diversifies our product offerings for our customers and de-risks our business. DNOW’s long-standing reputation, robust capabilities and broad global presence make it the ideal partner for MRC Global, as our two great companies continue to grow and compete in an expanding global market," Rob Saltiel, MRC Global President and CEO.