Master Distributor Industrial Valco, a national leader in MRO same day distribution, announced the purchase of Beric Valves, a leading producer of cast and forged steel gate, globe, check and ball valves, for the United States and its territories.
“We are excited with the purchase of Beric Valves and adding them exclusively to our family of PVF products”, said Rob Raban, president of Industrial Valco. “The acquisition will further our ability to provide high quality valves at competitive prices. The PVF marketplace continues to demand better service and value from its suppliers and this acquisition will help the company fulfill its mission to do just that.”
In addition to the Beric Valve brand name, the purchase includes, URL addresses, websites, social media accounts as well as trademark assignments. The Beric Valve web site www.bericvalves.com will continue to operate separately to help with immediate FAQ’s and quotes, but will be under the leadership of the IV’s team. “This is a game changer for the company,” said Matt Arellano, COO of Industrial Valco. “We believe that Beric’s extensive and competitive product catalog coupled with IV’s strength in same day, MRO distribution give us a distinct competitive advantage to share with our customers. And we’ll be able to promote this advantage across all social media and online platforms.”
The purchase of this North American leader in API valves will not change any of Industrial Valco’s other valve relationships, who are focused on the AML marketplace. “IV serves both the approved and value ends of the marketplace, and we will continue to support our current vendor and manufacturing relationships,” said Raban. “We believe this purchase will further enhance IV’s ability to deliver value to our customers and further drive business across all product segments, including the AML valve segment.”