Morrison Supply Acquires Express Pipe & Supply Co., Inc.
Acquisition will provide Morrison attractive platform for growth in California market
Fort Worth, TX – Morrison Supply Company, a leading wholesale distributor of plumbing, HVAC and builder products in the Southwest, today announced that it has acquired Santa Monica, California-based Express Pipe & Supply Company, Inc. The third-largest plumbing supply company in the Southern California market, Express Pipe & Supply has twelve branches and a dedicated focus on residential plumbing. With this acquisition Morrison Supply continues to extend its strong Southwest platform into the recovering California residential and commercial construction market. Express Pipe & Supply will continue to operate under its existing brand name.
Chip Hornsby, Chief Executive Officer of Morrison Supply, said, “The large Southern California market is an important strategic opportunity for Morrison, and Express Pipe & Supply is a clear leader in the area for all-around product offering and customer service. We look forward to working with the Express team to continue providing exceptional service to its loyal customer base and to offer Morrison a strong foundation for additional growth in the region.”
Express Pipe & Supply co-founder and President Greg Boiko said, “The Southern California plumbing distribution market in which Express Pipe & Supply is a leading participant presents unique opportunities for Morrison Supply to expand its national foot print and near-term growth. We are excited to work with Chip and the extended Morrison organization to expand into further locations while providing additional products to our dedicated local customers.”
Morrison’s acquisition of Express Pipe & Supply represents the company’s first significant acquisition in the southern California market and underscores Morrison’s continuing strategy of growth through acquisitions and through the opening of new locations. Recently Morrison also completed the acquisition of Rogers Supply in Enid, Oklahoma and Dixie Utility Supply in Texarkana, Texas.
About Morrison Supply
Founded in 1917, Morrison is now the largest distributor of plumbing supplies in the Southwest United States. The company has 80 branches and show rooms, located in Texas, New Mexico, Oklahoma,
Louisiana, Arkansas, and Kansas. Morrison has several lines of business, including plumbing, heating, ventilation and air conditioning (HVAC), industrial pipes, valves & fittings, oil & gas and waterworks. For more information, please visit the Morrison website at www.morsco.com