GHX Industrial Acquires Anchor Industrial Sales Inc.

HOUSTON, Texas (Sept. 8, 2015) – Houston-based GHX Industrial, a wholly owned subsidiary of The United Distribution Group, has acquired the assets and operations of Kernersville, North Carolina-based Anchor Industrial Sales Inc. Founded in 1993 by John Raczenski, Anchor operates from a 12,600 square foot facility. Anchor is a distributor of gaskets and fluid sealing products sourced from manufacturing partners such as Flexitallic, Garlock and SEPCO. Anchor’s core customer base consists of chemical plants, contractors, pulp and paper, steel mills and OEMs. In addition, the company provides sheet, rubber, metal and heat exchanger gaskets as well as seals, packing material and expansion joints. Former owner, John Raczenski, who will remain with the company, stated that he and the entire Anchor team are very excited to join the GHX and UDG family of companies. Richard Harrison, president of GHX Industrial, said, “GHX welcomes the Anchor team to our organization. Their culture of providing great service and building strong customer relationships in the Eastern region of the U.S. continues to strengthen the GHX portfolio and will further expand our footprint for national account opportunities with the chemical industry and OEM customers.” “Expanding our North American service area is an ongoing strategic focus for the United Distribution Group and the acquisition of the Anchor Industrial Sales location compliments our already strong North American presence,” said Darrell Cole, president & CEO of The United Distribution Group. GHX provides fluid sealing (gaskets), fluid transfer (hoses) and other products to a variety of industries including refining and petrochemical, upstream oil and gas, power generation, mining, agriculture and marine enterprises. With 81 locations throughout North America, the subsidiaries of The United Distribution Group are providers of products and services to a variety of industries including oil & gas, mining, power generation, petrochemical, agriculture, marine and various other industries.