MRC Global Closes Stream AS Acquisition

Headquartered in Norway, Stream is the leading pipe, valve, and fittings distributor and provider of flow control products, solutions and services to the offshore oil and gas industry on the Norwegian Continental Shelf.

Houston, TX - MRC Global Inc. has closed the previously announced acquisition of Stream AS. Headquartered in Norway, Stream is the leading pipe, valve and fittings (PVF) distributor and provider of flow control products, solutions and services to the offshore oil and gas industry on the Norwegian Continental Shelf.

Andrew Lane, MRC Global Chairman, President and Chief Executive Officer, commented, "We are pleased to have closed this important acquisition and are looking forward to the positive contribution this new offshore capability will add to our international business performance."

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