Ryan Herco Flow Solutions Acquires Plastic Engineered Products Company (P.E.P.)
BURBANK, Calif., March 26, 2012 /PRNewswire/ — Ryan Herco Flow Solutions acquires the assets of Plastic Engineered Products Company (aka P.E.P.), a leading New Jersey-based industrial distributor of engineered plastics for corrosion resistant and high purity fluid handling products and custom fabrication services. Terms of the transaction were not disclosed.
Headquartered in Branchburg, New Jersey, P.E.P.’s success with Municipal, Chemical and General Industrial markets strengthens RHFS’ presence and ability to serve a broad customer base in New Jersey, New York and Pennsylvania. “RHFS benefits significantly from P.E.P.’s tenured team of high quality and talented people,” stated David Patterson President and Chief Executive Officer of RHFS. “P.E.P. was very successful in not only the distribution of products but the additional value they brought customers by providing an extensive offering of custom fabrication services. Having this greater capability on the east coast allows us to more effectively serve those customers who look to RHFS for additional products and valued add services to meet the changing requirement of their customers and industries.”
“I am very pleased to have the opportunity to join forces with this dynamic company,” stated John Matonis, President of P.E.P., “and I look forward to continuing to serve P.E.P.’s customers well through the strength of the RHFS platform.”
Customers will benefit from RHFS’ broad offering of high quality brand products, leading edge technologies and tailored services through Ryan Herco Flow Solutions best in class business systems, Advanced Customer Service (ACS) and logistics solutions.
About Ryan Herco Flow Solutions
Ryan Herco Flow Solutions (Burbank, CA) is a leading industrial distributor of corrosion- resistant, ultrapure, high value filtration fluid handling products and custom fabrication services. Founded in 1948, Ryan Herco Flow Solutions operates from 29 locations nationwide and internationally from one location in Singapore serving the Aquatics, General Industrial, Water & Waste, Semiconductor, Life Sciences, and Food & Beverage market segments. For more information please visit www.rhfs.com.
About Plastic Engineered Products (aka P.E.P.)
Plastic Engineered Products, aka P.E.P. (Branchburg, NJ) is an industrial distributor of corrosion resistant and high purity fluid handling components specializing in engineered products and custom fabrication services.
P.E.P was established in 1980 and was founded by long time industry veterans John Matonis and Jeff Ochs to serve customers based primarily in New Jersey, New York, and Pennsylvania, and business growth was fueled by demand for corrosion resistant and high purity fluid handling components, engineered products and custom fabrication services serving the Municipal, Chemical, and General Industrial markets. For more information please visit www.pep-plastic.com.
Ryan Herco Flow Solutions
SOURCE Ryan Herco Flow Solutions