The acquisition is subject to regulatory approval and customary closing conditions. It is expected to close in early January 2010.
MFC is a wholesale distributor of pipe, valves and fittings, as well as waterworks, HVAC, fire protection and piping component products in Canada with 17 locations and 216 employees.
“Anvil’s strength as a manufacturer and Deschenes’ strength as a distributor complement one another,” says Tom Fish, president of Anvil International. “This transaction allows us to focus on our manufacturing and sourcing operations while leveraging our relationship with Deschenes.”