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Center Rock Capital buys American Piping Products- The 20th China (Guangzhou ) Int’l tube & pipe Processing Equipment Exhibition
9/20/2018 管材展-钢管展-steel tube expo-tube &pipe expo |
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Center Rock Capital Partners, LP announced that it has acquired American Piping Products a leading global distributor of steel pipe, fittings and valves. APP marks Center Rock’s second platform investment out of its inaugural investment vehicle, Center Rock Capital Partners Fund I LP. Founded in 1994 and headquartered in St. Louis, Missouri, APP is a specialized distributor of seamless and welded pipe and tubular related products. The company serves international customers in a variety of end markets including energy, refining, petrochemical, power generation and diversified industrial. With a large in-stock inventory of niche products and easy access to shipping channels in North America, APP quickly meets customers’ demands in a complex supply chain and is recognized for its world-class customer service.
Mr Al Rheinnecker, CEO of APP said that “We are excited to embark on this next phase of our growth with Center Rock. Center Rock understands the importance of investing in our employees, suppliers and systems to provide the highest level of customer service and responsiveness. We look forward to working with the Center Rock team to expand our product offering and pursue growth opportunities in the steel pipe market.”
Mr Ian Kirson, Partner at Center Rock said that “Al and the team at APP have built an exceptional organization. With a unique position in the supply chain and diverse end markets, APP has performed well through all industry cycles.”
Mr Terry Theodore, Partner at Center Rock said that “We admire APP’s leadership in the markets they serve. Al and his team have created a business with a culture of operational excellence that continually provides unsurpassed customer service and value-added solutions to its customers.”
管材展-钢管展-2019广州国际管材及管材加工设备展－中国展出效果最好的管材展-巨浪展览
- The 20th China (Guangzhou ) Int’l tube & pipe Processing Equipment Exhibition
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