On 11 September McJunkin Red Man Corp. (MRC) announced that MRC has entered into an agreement to acquire Transmark Fcx Group B.V. (Transmark), an international distributor of specialty valves and flow control equipment.

Transmark, headquartered in Bradford, UK, has a network of forty-five distribution and service facilities in the UK, Europe, the Middle East, Australia, New Zealand, and Southeast Asia. The company has a proven track record in the selection, supply, service, support and delivery of the world’s leading brand names in flow control equipment, serving major international companies in the petrochemical and refining, chemical, power and energy industries.

The acquisition, which is expected to close within 30-45 days, is subject to European Commission approval and other customary closing conditions.