Guico Specialty Co.

Business
8:00 pm
Thu January 10, 2013

Moody-Price Acquires Guico Specialty

Moody-Price LLC, a Baton Rouge equipment and supplies distributor, has acquired Guico Specialty Co., a Lafayette firm that sells high-pressure industrial equipment.

Terms of the deal were not disclosed.

Danny Daniel Jr., Moody-Price president and chief operating officer, tells The Advocate (http://bit.ly/Wr4MBo) Guico's customers are mainly deepwater, oil and gas companies, with some in the chemical industry.

Moody-Price expects the deal to increase sales of Parker Autoclave Engineers products.