The Houston-based global wholesale distributor of valves and actuators, AIV, has acquired Zenith Supply.
Founded in 1946, Pennsylvania-based Zenith Supply is a leading master distributor of Velan valves – a manufacturer of valves used primarily in power and downstream applications of the energy industry. Specializing in pressure seal valves, Zenith typically holds approximately $25 million in inventory, making them a “go-to” provider for hard-to-find and long-lead-time items.
“The opportunity to combine the strengths of AIV and Zenith are truly once in a lifetime, and we feel honored to be able to continue the legacy that Mr. Marstine has built over the last few decades,” stated AIV President Trey Cook. “This acquisition will greatly strengthen our presence in the power industry as well as complement our offerings into the downstream industries we currently serve around the world.”
Zenith Supply will continue to operate under its own name and in its current facilities in Pittsburgh, Pennsylvania for the foreseeable future.