Sales: $2.3 billion
CEO: Simon Franken
Headquarters: AAlkmaar, The Netherlands
17 Edgen Murray
Sales: Not Publicly Disclosed
CEO: Daniel O’Leary
Headquarters: Baton Rouge, LA
18 Interline Brands
CEO: Michael Grebe
Headquarters: Jacksonville, FL
19 DXP Enterprises
Sales: $1.25 billion
CEO: David Little
Headquarters: Houston, TX
20 Kaman Industrial Technologies
Sales: $1.2 billion
President: Steve Smidler
Headquarters: Bloomfield, CT
21 F. W. Webb
Sales: $960 million
CEO: Jeff Pope, President
Headquarters: Bedford, MA
ERIKS nv — parent company to Lewis Goetz — made a trio of acquisitions during
April 2015. It added Germany-based K&S Antriebssysteme GmbH & Co., South
Carolina-based Action Industrial Group and Texas-based Seals and Packings Inc.
Edgen Murray distributes specialized products for the energy and infrastructure
markets, focusing on plate, sections, pipe, fittings, flanges, valves and oil country
tubular goods. It also provides valve actuation packages along with testing, cutting
and finishing services.
Interline Brands had 2014 sales of $1.7 billion before being bought by Home Depot
in the fall of 2015. Home Depot hasn’t publicly disclosed Interline’s 2015 sales
figures, but Interline’s website says that sales are approaching $2 billion.
DXP’s 2015 sales were down 17 percent from 2014. However, CEO David Little
sounded optimistic in DXP’s Q1 earnings report, saying, “DXP’s industrial end
markets, which is 60 percent of our business today, appears to have bottomed
out and shows positive signs of upward movement. Oil and gas, which today is 40
percent, is attempting to find a bottom as declines are decreasing.”
KIT’s sales were nearly identical to 2014. Between Q4 of 2015 and Q1 2016, KIT
took cost-savings measures of cutting 60 employees and closing four facilities while
consolidating four others. The company also launched an automation, control and
energy management brand and acquired Calkins Fluid Power (Spokane, WA).
Since April 2015, the company has acquired New Jersey’s Grant Supply and Lincoln
Supply, launched a new website, created a water works division with the acquisition
of Water Works Supply Corp., acquired New Hampshire’s State Line Supply. F. W.
Webb turned 150 years old in April 2016.