DNOW to acquire MRC Global in $1.5 billion all-stock deal

DNOW to acquire MRC Global in $1.5 billion all-stock deal

(Reuters) -Energy and industrial products supplier DNOW said on Thursday it would buy MRC Global in an all-stock deal valued at $1.5 billion, including debt. The combined company will operate over 350 service and distribution locations in more than 20 countries, serving customers across the upstream, midstream, downstream, gas utility, and broader industrial sectors. The transaction is expected to close in the fourth quarter of 2025. (Reporting …

DNOW to Acquire MRC Global

The $1.5 billion deal would combine two leading Houston distributors.

DNOW Acquires MRC for $1.5B - The Texas Lawbook

Kirkland and Akin advised on the combination of two Houston distributors of infrastructure machinery and supplies to create a $3 billion company with 350 service and distribution centers across 20 energy-producing countries. The post DNOW Acquires MRC for $1.5B appeared first on The Texas Lawbook.

DNOW to Acquire MRC Global in Deal Valued at $1.5B

Combined, DNOW and MRC Global will have more than 350 service and distribution locations in 20 countries. DNOW will continue to be headquartered in Houston after closing.