Tuesday, Dnow Inc. (DNOW) announced an agreement to acquire Whitco Supply, LLC, a provider of energy products and solutions to the midstream market.
The deal has been finalized in an all-cash transaction. However, the terms of the agreement have not been disclosed yet and further information will be shared after the regulatory approval process and other customary closing conditions.
David Cherechinsky, president and CEO of Dnow, expressed enthusiasm about the acquisition, stating, "Whitco Supply brings a talented team with extensive product expertise that will enable us to support an expanded set of customers in the midstream and other markets..."
The company also said that for now, both Dnow Inc. and Whitco Supply, LLC will operate independently and separately.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.