September 4, 2009
Pittsburgh, PA: Lewis-Goetz and Company, Inc. (“Lewis-Goetz” or the “Company”) announced it has acquired substantially all of the assets of International Gasket and Supply (“IGS”), a Houston-based subsidiary of Leader Global Technologies. IGS specializes in the fabrication and supply of specialty gaskets, bolts and sealing products for the oil and gas exploration industry as well as the petroleum refining and specialty chemical industries of the Texas Gulf Coast. The acquisition was effective August 31, 2009.
Jeff Crane, President and CEO of Lewis-Goetz, reiterated the strategic growth plans of the Company and how IGS is an important part of that plan. “The Gulf Coast is the single largest end market for our fabricated products in North America. Previous acquisitions (Goodall Rubber in 2006 and Samson Industrial in 2007) provided our first foothold in that region of the country. IGS is yet another opportunity for us to demonstrate our commitment to those markets and the important national customers that operate there. It also provides the opportunity to expand our product offering. But most importantly, we will benefit from the talented people of IGS and their industry expertise that will be so vital to our growth plans.
Lewis-Goetz is headquartered in Pittsburgh, Pennsylvania and is one of North America’s largest industrial distributors. Lewis-Goetz recently ranked 28th on Industrial Distribution’s 2008 list of The Big 50 Distributors. You can visit www.lewis-goetz.com for more detailed information.