Corpac Group Acquires Assets of Pipe Exchange

Published: June 14, 2016 |

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Corpac Group has acquired the assets of Pipe Exchange, including its From the Oil Patch Publication from Merfish Pipe Holdings, LLP. This strategic purchase allows the opportunity for further expansion into North American energy markets. Pipe Exchange will continue to independently operate from its headquarters in Houston, Texas.

Corpac Group’s mission focuses on collective competition, independent impact, and collaborative force. Each of Corpac Group’s specialty divisions — including Corpac® Industrial, Corpac®Services, Corpac® Distribution and Corpac® Ventures — operates independently on the global stage, and is designed to meet the unique needs of its customers. With shared core values, combined expertise, relationships, logistics and quality systems, Corpac Group continues to provide unparalleled capabilities in the form of agile and steel products and solutions for customers worldwide.

“I am very pleased to add Pipe Exchange to our portfolio companies. As we relentlessly focus on our customers’ needs, Pipe Exchange is a natural fit for our family of companies. This partnership allows us to continue to advance our mission of supplying world-class quality pipe and steel products and solutions to our customers through superior customer service, innovation, quality and commitment. Operating for over 33 years, the Pipe Exchange brand has earned the reputation as a leader in the supply of high quality energy tubulars by combining its vast inventory and mill direct solutions with an extensive array of support services. This acquisition will be of significant benefit to its current and future customers,” said Jorge Woldenberg, chairman of Corpac Group.

“We appreciate that Corpac recognized the strategic and intrinsic value of Pipe Exchange. Pipe Exchange is an excellent company and I am confident that this strategic move by the owners of Corpac Group will be very successful,” said Gerald Merfish, CEO of Merfish Pipe Holdings.

A premier brand in API line pipe distribution, Pipe Exchange has served energy-end markets and pipe distributors in North America for 33 years. Its products include carbon steel ERW API line pipe, carbon steel seamless API line pipe and carbon steel API line pipe coated for underground installation. Pipe Exchange’s primary end markets include energy exploration and oil and gas gathering.

“All of us at Pipe Exchange are very excited about this transaction. This new chapter in the Pipe Exchange history positions us to unleash even more potential in the North America energy markets. Like Merfish and Pipe Exchange, Corpac Group is a principle driven company. We are happy to continue to partner with corporate groups that share our vision, values and commitment to the energy markets,” said Dolty Cheramie, leader of Pipe Exchange for the last 22 years.

About Corpac Group
Corpac Group is a global holding entity that operates world-class, vertically integrated business units in the steel production, distribution and services markets. Divisions include Corpac® Industrial, Corpac® Services, Corpac® Distribution and Corpac® Ventures. These divisions operate independently and execute uniquely tailored strategies characterized by their organizational agility, creativity, integrity, customer perspective-taking and cross-functionality to serve customers globally at every stage in the supply chain.

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