Leading Manufacturer of Oil & Gas Controls. Located in Houston, TX.
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Asking Price
$3,700,000
Detailed Information
Harris County,Texas, US
Not Provided
NA
Business Description
Established in 1990, this Company is a leading wholesale distributor and manufacturer serving the oil and gas and petrochemical industries. They maintain strong relationships with 10 OEMs and over 250 customers, offering solutions for upstream, midstream, and downstream production. The product line includes pneumatic and electric controls, sensors, valves, and fittings, with 60% of revenue coming from OEM sales and 40% from proprietary manufacturing. Despite challenges, the Company has shown resilience by maintaining diverse customer relationships and a comprehensive product range, enabling them to surpass pre-pandemic revenues and improve profit margins. The business is supported by an experienced team, a well-stocked inventory, and a convenient location in close proximity to key industry players in Houston. The owner is dedicated to facilitating a smooth transition for new ownership, and a Buyer Profile will be required for interested parties. With a focus on delivering high-quality products, excellent customer service, and quick order fulfillment, this Company has positioned itself as a