ABCO Subsea acquires MPV Corp.

7/3/2012

ABCO Subsea acquires MPV Corp.

HOUSTON -- ABCO Subsea has acquired MPV Corp, which designed the first multi-input shuttle valves for the offshore industry more than 30 years ago.

ABCO President Andy Boyd was a minority partner when MPV was founded and, until recently, ABCO marketed these valves under the ABCO brand name.

With this acquisition, ABCO has become the second-biggest provider of BOP shuttle valves to the offshore engineering industry, behind only Gilmore. Both companies are based in Houston.

 

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