American Piping Products, Inc. today announced that it has purchased the assets of Ozark Tubular Products, Inc. (Ozark). American Piping Products is primarily engaged in the distribution of carbon and chrome moly pipe, tubing, fittings, and flanges used in the processing, energy, manufacturing, fabrication, and construction industries. Based in St. Louis, Missouri, American Piping Products also has locations in Houston, Philadelphia and Chicago.
Al Rheinnecker, CEO of American Piping Products, commented “The acquisition of Ozark is another important piece of our strategic growth plan. Ozark is an excellent company with great people who serve a diverse customer base. Ozark shares our philosophy of superior customer service, deep technical knowledge and rock solid integrity. I have known many of the individuals at Ozark for a long time, and I am thrilled to add them to our outstanding team.”
Matt Danis, COO and CFO of American Piping Products, explained, “Ozark is the first of what I hope will be a number of highly targeted acquisitions. Our historic growth has been organic; however, acquisitions enable us to complement our internal growth efforts and provide our target markets with additional products, services and resources.”
Wayne Copple of Ozark remarked that “My team and I are excited to join American Piping Products. I have tremendous respect for the people at American Piping Products and look forward to bringing our combined value to the customers we serve.”