Duncan Industrial Solutions, an industrial supply distributor, today announced it has reached a definitive agreement for sale of its air equipment business unit to Air Systems and Pump Solutions of Oklahoma, LLC, an Oklahoma corporation. The transaction is subject to customary closing conditions and is expected to close in January 2007.
“ The sale of our air equipment business unit is a step in our long-term program of focusing on our core business,” said Cheryl Lawson, President of Duncan Industrial Solutions. “ We are applying our full attention to build momentum in industrial supply and integrated services, and we are pleased that under new ownership, Air Systems and Pump Solutions of Oklahoma, LLC will also be in a position to continue its tradition of industry-leading sales and service.
Randal C. Davis of Yukon is the registered agent for Air Systems and Pump Solutions of Oklahoma.
Duncan Industrial Solutions headquartered in Oklahoma City and is a distributor of industrial supplies, equipment, safety and MRO products.