OTC Industrial Technologies Distributor OTC Industrial Equipment has acquired Premier Equipment Corporation, Inc. (PEC) and Premier Control Systems, LLC. (PCS) – Both in Baton Rouge, LA.
The terms of the transactions were not disclosed.
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Established in 1965 as young and associates, PEC is a distributor of rotating equipment serving the petrochemical, oil and gas industry. The company offers customers a range of products, equipment and services, including rotating equipment, air compressors, fans, pumps, cooling towers and epoxy solution. PEC offers preventive maintenance, repair and analysis of damage to its customers.
In the meantime, PCS designs, produces, programs and installed PCL, electronic, pneumatic and electric control panels for its customers. The company serves a number of sectors, including those in the oil deposit, electricity and petrochemical industry.
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“Our companies are excited to join forces with OTC, a leader in the industries we serve,” said President of PEC and PCS Patrick Young in a announcement of news in February. “This partnership has exciting opportunities for expanding our products and services provided on our client base along the Gulf of Persian and the Perm Basin. Together with OTC we will continue our growth in the future. “
OTC receives six seats in Louisiana and Texas through acquisitions, and also brings its total number of employees to over 2000 and its operations to over 70 seats and 60 service stores in the United States in the United States
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OTC was No. 28 on the list of the best industrial distributors of MDM and No. 6 for transmission/power bearings.