Baird sells Transmark

Transmark Fcx Group, a UK supplier of flow control equipment to the energy sector, has been sold by Baird, the investment bank and private equity group.

The Bradford-headquartered business has been acquired by McJunkin Red Man Corporation (MRC), a US distributor of pipe, valves and fittings for the energy and industrial markets and owned by the Goldman Sachs buyout arm, GS Capital.