Lone Star Products Group Acquires Energy Hardware Holdings LLC

Greer, South Carolina (USA) – July 31st, 2011

Lone Star Products Group (“LSP”) is expanding its global footprint via a merger with Energy Hardware Holdings, LLC (“EH”).

Headquartered in Wolverhampton (UK), The Lone Star Group is a leading global provider of customized, high-performance fasteners, gaskets, and flow-control components.

Like Energy Hardware Holdings, Lone Star provides mission-critical components and value-added services to leading OEMs, distributors, and end market customers in the global oil and gas, hydrocarbon processing, power generation, and general industrial markets.

This merger is consistent with the global expansion goal of EH and will give the Company access to a platform of LSP distribution and manufacturing facilities operating throughout Europe, Asia, the Middle-East, and North America.

EH currently operates two distribution facilities, The Company’s main distribution center and headquarters in Greer, South Carolina and another distribution center in Pensacola Florida. Additionally, EH maintains stocking locations in California, France, and Hungary.

While it has been a global distributor of fasteners, gaskets, seals, and hardware for the energy and industrial market since its inception in 2001, EH has made a concerted effort in recent years to establish international stocking locations outside North America.

Scott Yearwood, Co-President of EH, is genuinely excited about the opportunities this partnership presents: “The merger with LSP will give us a truly global footprint capable of meeting the complex needs of our valued customers. The international inventory management solutions we can now provide our customers are endless.”

The combination of EH and LSP creates a unique opportunity for both companies to compare notes on best practices for quality control, inventory management, and, of course, customer service. “When we started this business in 2001, we wanted to create a company that truly ‘partnered’ with its customers to create win-win relationships,” said Bob Simon, Co-President of EH. “We feel fortunate to merge with a partner that shares our commitment to true customer partnership.”

For more information concerning the company merger, contact Scott Yearwood or Bob Simon,
Co-Presidents, Energy Hardware Holdings at 864-213-9499.

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