FCX Acquires Pump Energy Inc.

The move represents a bid to grow Columbus-based FCX along the Gulf Coast.

FCX Performance Inc. has acquired Pump Energy Inc. in a bid to grow the Columbus-based distributor of valve and process flow products along the Gulf Coast, says Columbus Business First.

FCX, which has set its sights on high-growth petroleum and chemical markets, is adding to that effort with the purchase of PEI, which operates from Stafford and Odessa, TX, according to the article.

Terms of the deal were not disclosed.