EPIC Piping Acquires Premier Pipe Fabrication & Induction Bending Business BendTec
Combines EPIC’s Deep Industry Expertise and BendTec’s Impressive 100+ Year History
BATON ROUGE, La.–(BUSINESS WIRE)–EPIC Piping (“EPIC” or “the Company”), one of the nation’s largest industrial pipe manufacturing companies, today announced that it has acquired Minnesota-based BendTec Fabrication & Bending (“BendTec”), the most experienced induction pipe bender in the Western Hemisphere, with over 100,000 bends in service.
The investment increases EPIC’s leading global production footprint, marks its entrance into union label projects and related markets, and significantly expands the Company’s industry capabilities in the energy and power, renewable, and infrastructure sectors.
The transaction also expands Epic’s production capabilities with the addition of BendTec’s substantial existing operations and plants, including the capability to produce the largest pipe bends in the world – at up to 66 inches in diameter. This will broaden EPIC’s current service offerings to customers across an array of markets.
“We are thrilled to have BendTec join EPIC and believe their team’s expertise and diverse business offerings will greatly enhance our company,” said Remi Bonnecaze, Chief Executive Officer of EPIC. “This acquisition is an exciting next step in our strategic growth plan, and I am confident that the combination of our deep manufacturing capabilities and experience and BendTec’s rich 100+ year history will improve our position as the leading and most innovative pipe manufacturing company on the market.”
David Meierhoff, who will remain in a leadership role at BendTec as Director of Operations, stated, “BendTec has maintained a strong reputation of delivering quality pipe fabrication and pipe bending to our customers for over a century. Our team looks forward to continuing to provide best-in-class services and creative solutions to our clients as a part of EPIC. We are truly excited about what we can accomplish together.”
About EPIC Piping
EPIC Piping is the leading turn-key industrial pipe manufacturing firm in the world, servicing the power, chemical, refining, offshore and oil & gas industries. EPIC’s global fabrication capacity currently exceeds one million square feet with a total production capacity of over 20,000 pipe spools per month at multiple facilities. Fabrication capabilities include carbon steel, chrome moly, stainless steels, duplex steels, nickel-based alloys, and jacketed piping. www.epicpiping.com
About BendTec
BendTec is a steel fabrication business specializing in the fabrication of piping assemblies and the production of pipe bends for pipelines and steam electric power generating plants. BendTec is the most technologically advanced and experienced induction pipe bender in the Western Hemisphere with over 100,000 bends in service With a Quality Assurance Program certified to ASME, AISC, and ISO 9001:2015 no project is impossible. www.bendtec.com
Contacts
For EPIC:
Sloane & Company
Joe Germani / Bridget Goodwin
jgermani@sloanepr.com /
bgoodwin@sloanepr.com
