Bourland & Leverich changes ownership

Jefferies Capital Partners, Bourland & Leverich management, Edgen Murray and Edgen Murray management have formed an ownership group to acquire the assets of Bourland & Leverich Supply Co. Bourland & Leverich is one of the largest distributors of oil country tubular goods (OCTG) to the onshore upstream industry in North America, and Edgen Murray is a global provider of specialty steel products for energy infrastructure markets. The two companies will continue to operate separately, as each has an established and well-defined position in the active oil and gas drilling environment in the US While Bourland & Leverich supplies OCTG steel products to exploration & production companies, Edgen Murray provides line pipe, fittings and valves to the same customer group.

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