NOW to purchase Odessa Pumps

Odessa Pumps and Equipment distributes pumps and equipment for the oil & gas and municipal and wastewater markets through approximately 13 sales and operations locations across Texas, New Mexico and Oklahoma. Founded in 1980, Odessa employs approximately 300 people.

A global distributor to energy and industrial markets that was spun off from National Oilwell Varco Inc last year, NOW operates primarily under the DistributionNOW and Wilson Export brands with a network of more than 300 locations and approximately 5000 employees worldwide.

Robert Workman, president and CEO of NOW, said: “The addition of Odessa Pumps and Equipment not only offers DistributionNOW the ability to expand our products and services offerings to our key energy customers in areas where both firms currently operate, but also gives us the opportunity to leverage Odessa Pumps’ business model, expertise and manufacturer relationships within the extensive DNOW infrastructure not currently serviced by Odessa Pumps to grow our customer participation organically. In addition to the results we can deliver by working together in the energy sector, both companies’ downstream, industrial and municipal businesses will benefit from the strengths of each firm.”