Edgen Murray is part of a group that acquired the assets of a Texas company that makes drill pipe and tubes for the oil industry. The Baton Rouge distributor of specialty steel pipe has acquired the assets of Bourland & Leverich Supply Company. Edgen Murray joined with Bourland management and Jefferies Capital Partners to acquire the company for an undisclosed amount. Plans are for the two firms to operate separately. Dan O’Leary, a member of the investment group who will serve as chairman of both companies, says the deal gives the companies a complete portfolio of steel products to offer to the energy industry.
Edgen Murray acquires oilfield pipe and tubes company
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