Merit Brass Acquires Supply Source Products
Merit Brass Company, manufacturer of pipes, valves and fittings, has acquired Supply Source Products to meet increasing demand of press fittings and valves.
Merit Brass Company, manufacturer of pipe nipples and master distributor of related pipes, valves and fittings (PVF) products has acquired Supply Source Products (SSP).
In June, 2021, Merit made a minor investment in Supply Source Products’ press technology. Darren Hilliard, President & CFO, remarked, “Combining press technology with Merit’s rich 85 year history in the market provides us with an exciting opportunity to enhance our value to our customers and further solidify Merit as the PVF supplier of choice.”
Since the initial investment, company leaders observed increasing demand from wholesale customers for the new offering of press fittings and valves. To support company strategy and customers needs, Merit began the process of taking full ownership of Supply Source Products in March, 2022.
Merit closed on the acquisition of SSP which encompasses the CopperPress and ISOTubi-USA brands on June 10, 2022. Marc Schlessinger, CEO, states, “This acquisition will empower our company to continue to grow our fourth-generation family business. This will enable us to enhance our product offering to better serve our customers for many more decades to come.”
Merit’s vision continues to be centered around providing innovative service capabilities coupled with high quality product. They will continue to evaluate products that bring value and revenue to their customers, expand its geographical footprint to support customers’ growing needs and in turn, provide job opportunities to surrounding communities.