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NOV announces acquisition of Denali Incorporated
New capabilities will expand Fiber Glass Systems business unit’s ability to deliver integrated FRP solutions
We are excited to announce that we recently completed our acquisition of Denali Incorporated (“Denali”). Denali is a renowned leader in fiberglass-reinforced plastic (FRP) products and technologies with more than 50 years of providing innovative FRP solutions to the petroleum, chemical, power generation, and water industries. Denali’s largest business, Containment Solutions, Inc., primarily manufactures large underground FRP tanks used to store fuel at gasoline stations across North America. Denali will incorporate seamlessly within our established Fiber Glass Systems business unit, which will now provide customers with integrated, full service solutions—fiberglass pipes, risers, and tanks—from a single, trusted provider. We are excited to incorporate Denali’s fiberglass expertise to continue to provide superior products to our customers.
With this acquisition, we also acquired the Denali Incorporated brands of Belco, Ershigs, Fabricated Plastics, Fibra, and Plasti-Fab. Please join us in welcoming them to the NOV global family!