DNOW Inc. Announces Agreement to Acquire Whitco Supply, LLC
NOW(DNOW) Businesswire·2024-02-06 11:45
HOUSTON--(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 f ...