Broussard-based A&B Valve and Piping Systems has been acquired by a pair of Houston entrepreneurs.
Don Poarch and Joe Swinbank, co-founders of the Sprint Companies, acquired A&B, which supplies pipe, valves and fittings to the energy, petrochemical, power and industrial sector. A sales price was not disclosed.
Plans are to continue operations as normal and A&B will not change its name.
A&B was founded in 1972 in Broussard and has a location in Houma and four in Texas. The company has 24 employees in Louisiana.