MRC Global Inc. (NYSE: MRC) is buying Merton Holding AS, the parent company of instrumentation business Hypteck AS.
Hypteck, headquartered in Skotselv, Norway, provides instrumentation and process control products to the offshore, marine and onshore oil, mining, chemical and other industries. Terms of the deal were not disclosed.
In December, MRC announced two acquisitions: Stream AS, another Norwegian company that provides pipes and vales to the offshore oil industry, and Flangefitt Stainless, a Warrington, England-based company that provides similar services.
Houston-based MRC distributes pipes, valves and other products to the energy industry.
The deal comes in a long line of energy services deals, including recent purchases by Ferrellgas Partners LP (NYSE: FGP), which bought Sable Environmental LLC in May, and Jacobs Engineering Group Inc., which bought Marmac Field Services' assets in November.