DXP Enterprises, Inc. (DXPE) announced that it has completed the acquisition of substantially all the assets of Mid-Continent Safety, LLC, a leading distributor of safety products in the Midwest. Financial terms of the transaction were not disclosed.
Signing of the definitive agreement occurred on January 31, 2012.
David Little, Chief Executive Officer, stated, "We are pleased to welcome the Mid-Continent employees to the DXP team. Mid-Continent is a professional, well-run business focused on providing solutions to its customers.
The company stated that Mid-Continent is focused on serving customers in the oil & gas, refining, power and general industrial markets. Mid-Continent provides safety instrumentation, fall and hand protection and other related safety products with about 19 employees.
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