FCX Performance Inc. (FCX), a distributor of process flow control products and value-added services based in Columbus, Ohio, has completed the purchase of Pump Energy, Inc.
PEI is a leading distributor of pumps, seals and related aftermarket services. Founded in 1978, PEI operates from two Texas locations in Stafford and Odessa and is recognized as one of the Gulf Coast’s leading rotating equipment distributor and service provider.
“We are very excited to announce this transaction with Pump Energy,” said Charley Hale, President of FCX, in a company announcement. “Under the continued leadership of Ed Scala, Brad Dean and Gary Mason, PEI’s people and products will further our goal of being a one-stop provider of critical flow control and fluid processing equipment and services to our Gulf Coast customers.”
Formed in 1999 and with predecessor company histories dating back to the early 1900s, FCX has 25 locations serving 35 states and over 400 employees. FCX has completed 16 strategic acquisitions since inception.
For more news on flow control business appointments, awards and business deals, visit the Movers & Shakers section of the FlowStream blog.
