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DXP Ent. Says It Completes B27 Acquisition

DXP Enterprises Inc. (DXPE) said Thursday it has completed the acquisition of B27 LLC.

B27 has about 342 employees with projected sales and adjusted EBITDA of $198 million and $35 million, respectively for fiscal year 2013.

DXP's President and CEO, David Little said, " We look forward to our collective success and driving towards creating a world-class Rotating Equipment business."

Houston, Texas-based DXP Enterprises engages in distributing maintenance, repair, and operating products, equipment, and services to industrial customers.

by RTTNews Staff Writer

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