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Merit Brass Co., manufacturer of pipe nipples and master distributor of related PVF products has acquired Supply Source Products (SSP). Merit’s strategy has always been to provide customers with high-quality, consistent products that bring value, complement their manufacturing capabilities, address industry challenges and increase the revenue streams of their wholesale distribution partners. Part of that strategy includes the addition of products that meet the needs of its wholesale partners. In June, 2021, Merit made a minor investment in Supply Source Products’ press technology. “Combining press technology with Merit’s rich 85 year history in the market provides us with an exciting opportunity to enhance our value to our customers and further solidify Merit as the PVF supplier of choice,” said Darren Hilliard, president and chief financial officer.
Since the initial investment, Merit Brass leaders observed increasing demand for its new offering of press fittings and valves from the company's wholesaler customers. To support its strategy and customers more intimately, Merit began the process of taking full ownership of Supply Source Products in March, 2022. As a result, Merit closed on the acquisition of SSP which encompasses the CopperPress and ISOTubi-USA brands on June 10th, 2022. Marc Schlessinger, CEO, states, “Seldom are opportunities presented to help grow your business. This acquisition will empower our company to continue to grow our fourth-generation family business. This will enable us to enhance our product offering to better serve our customers for many more decades to come.”
Merit’s vision continues to be centered around providing innovative service capabilities coupled with high quality product. The company will continue to evaluate products that bring value and revenue to its customers, expand its geographical footprint to support customers’ growing needs, and in turn, provide job opportunities to surrounding communities. “We’re very excited to build upon our legacy of providing PHCP & PVF wholesalers high quality products and services," said Alan Lipp, CEO. "This move coupled with the fortification of our sales team positions us well to bring a full suite of impeccably engineered press fittings and valves to Merit’s product offering.”
The sales efforts are being led by John Durik, vice president of sales and marketing. Durik has bolstered Merit’s team by expanding it to include three regional sales directors, business development managers, a product line manager, and increased the company's regional sales management team. For more information, contact Merit at 800-726-9800, or access a contact us form here.