Acquisition will provide Morrison attractive platform for growth in California market.
Supply Co. - ranked 13th in the 2012
Supply House Times’ Premier 125 rankings released last May - announced it has
acquired Santa Monica, Calif.-based Express Pipe & Supply. This is Morrison
Supply’s first acquisition of a company in the Southern California market which
the company says is rebounding in the residential and commercial construction
Express Pipe & Supply is the third-largest
plumbing supply company in Southern California and has 12 branches and targets
residential plumbing sales. Express will continue to operate under its existing
large Southern California market is an important strategic opportunity for
Morrison, and Express Pipe & Supply is a clear leader in the area for
all-around product offering and customer service,” Morrison CEO Chip Hornsby said. “We look
forward to working with the Express team to continue providing exceptional
service to its loyal customer base and to offer Morrison a strong foundation
for additional growth in the region.”
Recently Morrison also completed the acquisition of Rogers Supply in Enid, Okla.
and Dixie Utility Supply in Texarkana, Texas.
Morrison Supply acquires Express Pipe & Supply
January 7, 2013