Edgen Murray Expands Valve and Actuation Offering with Acquisition of UK-Based HSP Group Limited

Edgen Murray Expands Valve and Actuation Offering with Acquisition of UK-Based HSP Group Limited PR Newswire LOS ANGELES, December 10, 2012 LOS ANGELES, December 10, 2012 /PRNewswire/ -- Acquisition complements Edgen Murray's current service to global oil and gas customers by adding valve brands and actuation services with a focus on upstream, refining, petrochemical and power applications Experienced valve staff and an established international footprint provide hubs for greater international outreach, particularly in the United Kingdom, Middle East and Caspian regions Edgen Group Inc. (NYSE:EDG) through its subsidiary, Edgen Murray Europe Limited, a leading global distributor of specialty steel products for energy and infrastructure markets, has acquired UK-based HSP Group Limited (HSP) to enhance its valve and actuation offerings to customers around the world. HSP sells valves and actuation products and services to customers in global oil and gas offshore, refining, petrochemical and power markets from locations in the United Kingdom, Qatar and the United States. HSP distributes ball, gate, globe and check valves through long-standing relationships with leading global manufacturers.