Denver, CO - Motion and Flow Control Products, Inc., a leading distributor of fluid connectors, fluid power equipment, instrumentation products and seals, announced it has acquired the assets of MD Hose and Fittings LLC of Sidney, Montana. The acquisition gives MFCP its first location in the Bakken Oil Field, a 200,000-square-mile shale formation which stretches through swaths of North Dakota and Montana.
Motion and Flow Control Products serves industrial customers in Colorado, Utah, New Mexico, Wyoming, Oregon, Idaho, Montana, Washington and California. MFCP is a leading distributor for motion and flow control products supporting OEM and maintenance and repair (MRO). It operates 23 ParkerStores throughout 11 western states, and offers customers superior service with direct access to engineered industrial products and factory-trained personnel.
John Niemi, President and CEO of Motion and Flow Control Products, says the acquisition gives MFCP its first outpost in the Bakken Formation. Niemi says MFCP will be deploying all of its capabilities for motion and flow control products, giving the location a dramatically expanded offering of Parker Hannifin products and MFCP technology, product lines, service and repair. “MD Hose and Fittings focused on industrial hose, hydraulic hose and fittings,” Niemi says, “but now we’ll also be able to serve OEM and MRO customers with direct access to the Parker industrial products, along with complementary product offerings and factory-trained personnel.” Niemi says Parker is a great partner and is highly supportive of MFCP and its strategies.
Randy Iversen, owner of MD Hose and Fittings, will remain with the company after the acquisition, serving as Branch Manager. “We are excited about the opportunities of joining MFCP,” Iversen says. “Being a part of MFCP will allow us to expand our business and better penetrate the market in this key oil and gas market.”
“Randy is a great manager and is well respected by his customers,” says Niemi. “We are looking forward to working with him and all of MD’s employees.”
Investment firm Colville Capital created Motion and Flow Control Products after acquiring McCoy Sales in 2006, Fluid Connector Products in 2011 and American Hose and Fittings in 2012. Mark Mealy, Colville Capital’s Managing Partner, says “We are strong believers in the long term strategic potential of MFCP, and are very pleased to expand into the Bakken with MD Hose and Fittings as a key part of our team.”
About Motion and Flow Control Products, Inc.
Motion and Flow Control Products is a leading distributor of fluid connectors and fluid power equipment, and instrumentation fittings, seals, and valves throughout the Western United States. It also operates as a manufacturer’s representative for HVAC products, and provides engineered solutions for commercial, institutional, and residential HVAC customers. For more information, please visit www.mfcpinc.com.
About MD Hose and Fittings LLC.
MD Hose & Fittings was founded in 2010. MD has expanded rapidly in that short time. It currently serves in excess of 1000 customers.
About Colville Capital LLC
Colville Capital LLC is a private investment firm focused on acquiring and building private companies. As a long-term investor, Colville was founded to partner with management to build companies of enduring value that are respected in their industry, contribute to their communities and create worthwhile jobs. For more information, please visit www.colvillecapital.com.