Ryan Herco acquires Florida piping company
Ryan Herco Flow Solutions, a specialty distributor of flow solutions for mission critical fluids, has completed the acquisition of Barnes Industrial Plastic Piping headquartered in Tampa, Florida, US.
Chuck Moyer, CEO of Ryan Herco, stated, 'The combination of the two companies works very well strategically. Barnes has tremendous strength in the Florida contractor marketplace and has developed unique capabilities to service these customers. Ryan Herco adds expertise in the OEM and MRO end-markets. Both companies gain the opportunity to learn from each other the things that have made them successful gaining, servicing and growing customer relationships.'
Moyer added, 'The combination of the two companies will be very powerful and gives us the ability to acquire and add significant value to customers in all size segments and end-markets. We hope to find several more companies like Barnes over the next few years.'