DNOW Inc. announced it has completed its all-cash acquisition of Whitco Supply, LLC, after the conclusion of the regulatory approval process and other customary closing conditions.
The acquisition of Whitco Supply enhances DNOW’s capabilities and position in the midstream, E&P and targeted adjacent markets that have been core to the company’s growth strategy, while increasing the company’s earnings and free cash flow capacity. The deployment of capital strategically aligns with and reinforces the company’s commitment to increase long-term value for our shareholders and stakeholders.
Courtesy of DNOW.