The main distributor Industrial Valco, the national leader of MRO distribution on the day, announced the acquisition of Beric Valves, a leading manufacturer of cast steel and forged steel gate valves, globe valves, check valves and ball valves in the United States and its regions.
“We are excited about the purchase of Beric valves and added them specifically to our PVF product line,” said Rob Raban, President of Industrial Valco. “This acquisition will further enhance our ability to provide high-quality valves at competitive prices. The PVF market continues to require its suppliers to provide better services and value, and this acquisition will help the company fulfill its mission.”
In addition to the Beric Valve brand name, the purchase also includes URL addresses, websites, social media accounts, and trademark assignments. The Beric Valve website www.bericvalves.com will continue to operate separately to provide instant FAQs and quotes, but will be led by the IV team. “This is a game changer for the company,” said Matt Arellano, Chief Operating Officer of Industrial Valco. “We believe that Beric’s extensive and competitive product catalog, coupled with IV’s strength on the same day, MRO distribution brings us a unique competitive advantage shared with customers. We will be able to promote this on all social media and online platforms. One advantage.”
The leader in buying North American API valves will not change Industrial Valco’s other valve relationships in the AML market. Raban said: “IV serves both the recognized market and the value market. We will continue to support our current supplier and manufacturing relationships.” “We believe that this purchase will further enhance IV’s capabilities and contribute to our Customers provide value and further promote business in all product areas including AML valves.”
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Post time: Feb-05-2021
