# DXP Enterprises completes acquisitions of Riordan Materials and Florida Valve EMD

DXP Enterprises announced it completed the acquisitions of Riordan Materials Corporation and Florida Valve & Equipment/Environmental MD, both water-market suppliers, funded with cash. Riordan serves Mid-Atlantic and Northeast states and Florida Valve serves Florida municipal water markets. The definitive agreements were signed May 1, 2023.

- Type: Acquisition
- Announced: 2023-05-08
- Where: Maryland, New Jersey, Pennsylvania, Delaware, Virginia; Florida, United States
- Status: completed
- Products: water and wastewater treatment products, valves, pumping and biosolids products
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [DXP Enterprises](https://endata.com/companies/6116.md) (acquirer)
- [Riordan Materials Corporation](https://endata.com/companies/10559.md) (target)
- [Florida Valve & Equipment](https://endata.com/companies/10560.md) (target)

## Sources

- [inddist.com](https://www.inddist.com/mergers-acquisitions/news/22861197/dxp-enterprises-acquires-riordan-florida-valve), 2023-05-08: "Riordan will provide DXP's Water division with new geographic territory and Florida Valve will provide enhanced product capabilities."
- [wwdmag.com](https://www.wwdmag.com/sludge-biosolids/press-release/33004771/dxp-enterprises-acquires-riordan-materials-florida-valve-emd), 2023-05-09: "We have now completed eight acquisitions over the last three years and look forward to continuing to build our presence."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.