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Three more distributors have been identified as alleged co-conspirators in the sprawling PVC pipe antitrust litigation, doubling the distributor list since MDM’s initial coverage. Meanwhile, settlements involving manufacturers and a pricing data provider have climbed above $415 million.
September 3, 2026
The distributor raised its 2026 outlook, detailed five completed 2Q acquisitions and highlighted its pending $1.6 billion FloWorks deal days after joining the S&P 500.
The industrial PVF distributor raised its 2026 outlook and accelerated its MRC Global synergy plan while reporting better system speed, service and working capital performance.
One Equity Partners is acquiring United WELD Holdings, including flagship pipe fabrication and distribution businesses EPIC Piping, from Bernhard Capital Partners.
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The now-combined company also provided an update on MRC’s integration, and ERP system migration that has seen major challenges since launched in November.
Adding 1.6 million square feet of space, the projects are expected to complete by fall of 2027.
Nonres markets and supplier pricing carried growth throughout the year as margins, profit and EBITDA each expanded.
Despite soft residential demand the company reaffirmed its full year outlook.
It creates an industrial PVF supply powerhouse with an enterprise value of about $3 billion.
Industrial PFV distributor DNOW announced its future leadership team that will be in effect after its landmark deal with MRC Global closes.
Better volume and acquisitions powered further strong year-over-year sales, profit and EBITDA figures, but the company cited higher expected expenses and softer demand in lowering its guidance.
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