SPS Acquires US Wholesale Pipe & Tube
By Metal Center News Staff
on Dec 1, 2020
SPS Companies Inc. will acquire the assets of US Wholesale Pipe & Tube Inc., Holiday, Fla. USW is recognized as the country’s largest distributor of galvanized mechanical steel pipe and tube products.
“We are grateful that Ed Rachel considered SPS as a worthy successor to the ownership of the business he dedicated so much time and energy building. We are fortunate that the executive management team, led by JR Baker and Rob Posavec, will remain with us under SPS ownership. US Wholesale will be a nice addition to our Tubular Products Group,” said Matt Crocker, president of SPS.
SPS, headquartered in Manhattan, Kan., has distribution, fabrication, processing and ERW tube manufacturing operations located in five U.S. states, as well as in Monterrey, Mexico.
“Our company has grown to a point now where it’s time for me to step aside and bring in ownership that can continue to support the efforts that were started over 30 years ago. I could not be more pleased with SPS assuming control and taking the company to the next level,” said Ed Rachel.
USW serves a number of niche industries, including canopies and carports, playgrounds, conveyors, awnings, greenhouses and fencing. It services hundreds of small and medium-sized OEM manufacturers from five locations.
“Our customers will see a seamless transition by keeping the same sales contacts and continued commitment to quality products and services.,” said Snyder, president of SPS’ Tubular Products Group.