DNOW to Acquire MRC Global in All-Stock Combination
June 26, 2025
DNOW Inc. agreed to acquire MRC Global in an all-stock merger that values MRC Global at approximately $1.5 billion inclusive of net debt, creating a combined energy and industrial solutions provider. The transaction is expected to generate about $70 million of annual cost synergies within three years, expand the combined company's global footprint and be accretive to adjusted EPS in the first year following closing.
- Buyers
- DNOW Inc.
- Targets
- MRC Global Inc.
- Sellers
- MRC Global shareholders
- Industry
- Energy
- Location
- Texas, United States
- Transaction Type
- Buyout
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