OTC Acquires Rotating Gear Distributor, Management Panel Maker in Baton Rouge

Industrial gear distributor OTC Industrial Applied sciences acquired Premier Gear Company, Inc. (PEC) and Premier Management Methods, LLC. (PCS) — each in Baton Rouge, LA.

Phrases of the transactions weren’t disclosed.

Within the Retailer: MDM’s U.S. MRO Market Tendencies Report 

Established in 1965 as Younger and Associates, PEC is a distributor of rotating gear, serving the petrochemical, oil and gasoline industries. The corporate gives prospects a spread of merchandise, gear and providers, together with rotating gear, air compressors, blowers, pumps, cooling towers and epoxy grout. PEC gives preventative upkeep, repairs and downtime failure evaluation to its prospects.

In the meantime, PCS designs, fabricates, packages and installs PCL, digital, pneumatic and electrical management panels for its prospects. The corporate serves a spread of sectors, together with these within the oilfield, electrical energy and petrochemical industries.

MDM’s 4Q24 M&A Report (retailer hyperlink) 

“Our corporations are thrilled to be becoming a member of forces with OTC, a pacesetter within the industries we serve,” PEC and PCS President Patrick Younger stated in a February information launch. “This partnership brings thrilling alternatives to increase our services supplied to our buyer base alongside the Gulf Coast and the Permian Basin. Along with OTC, we are going to proceed our development sooner or later.”

OTC good points six areas throughout Louisiana and Texas by means of the acquisitions, additionally bringing its whole variety of workers to over 2,000 and its operations to over 70 areas and 60 service retailers throughout the U.S.

MDM Case Research: Fastenal (Premium entry right here) 

OTC was No. 28 on MDM’s 2024 Prime Industrial Distributors Checklist, and No. 6 for Energy Transmission/Bearings Distributors.