DNOW Completes Acquisition of MRC Global
DNOW Inc. has completed its acquisition of MRC Global Inc., forming a leading solutions provider for the energy and industrial markets. MRC Global's shares were converted to DNOW shares, and its stock will no longer be traded on the NYSE. The combined entity has around 5,000 employees across 350 locations in over 20 countries, aiming for cost synergies and enhanced services in sectors like chemical processing and power generation.
DNOW Inc. has completed its acquisition of MRC Global Inc., creating a leading solutions provider serving the energy and industrial markets. As a result of the transaction, each share of MRC Global common stock was converted into the right to receive 0.9489 shares of DNOW common stock, and MRC Global’s stock will no longer be traded on the New York Stock Exchange. The combined company now has approximately 5,000 team members operating from over 350 service and distribution locations in more than 20 countries. DNOW expects the integration to deliver substantial cost synergies, expanded geographic reach, and enhanced service offerings for a broader mix of customers across sectors such as chemical processing, utilities, mining, and power generation. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DNOW Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251105972442) on November 06, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
