NOV Acquires Denali Incorporated
October 1, 2019
NOV (National Oilwell Varco) has completed its acquisition of Denali Incorporated, a longtime manufacturer of fiberglass‑reinforced plastic (FRP) products and brands including Containment Solutions, Belco, Ershigs, Fabricated Plastics, Fibra, and Plasti‑Fab. The business will be integrated into NOV’s Fiber Glass Systems unit to provide customers with an integrated offering of fiberglass pipes, risers and tanks for petroleum, chemical, power generation and water markets.
- Buyers
- NOV (National Oilwell Varco)
- Targets
- Denali Incorporated
- Industry
- Oil & Gas
- Location
- Texas, United States
- Transaction Type
- Buyout
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