DNOW (DNOW) to Acquire Whitco Supply, LLC
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DNOW Inc. Announces Agreement to Acquire Whitco Supply, LLC
February 6, 2024 6:45 AM ESTHOUSTON--(BUSINESS WIRE)-- DNOW Inc. (NYSE: DNOW) announced today it has entered into an agreement to acquire Whitco Supply, LLC in an all-cash transaction, subject to regulatory approvals and other customary closing conditions.
David Cherechinsky, President and CEO of DNOW, added, The acquisition of Whitco Supply aligns with our strategic objectives to diversify end-markets and is the result of our patient, disciplined approach to capital allocation. This transaction enhances our earnings and free cash flow profile and strengthens our ability to increase shareholder value.
Whitco Supply brings a talented team with... More
