Van Leeuwen Pipe and Tube Group Acquires Teuling Staal

ZWIJNDRECHT, The Netherlands, August 15, 2011 /PRNewswire/ --

The Van Leeuwen Pipe and Tube Group has acquired Teuling Staal B.V. Teuling Staal, situated in Barendrecht, is a specialist in the field of duplex and super duplex stainless steel materials.

Teuling Staal, founded in 1977, is a leading supplier of duplex and super duplex stainless steel pipes, fittings, flanges and special products for both the Oil and gas and Offshore industry. Teuling Staal has a wide range of products in stock from which it supplies its primarily Western European customer base.

Johan de Ruijter, Managing Director of Teuling Staal: "Weare looking forward toworking togetherwithin the Van Leeuwen Pipe and Tube Group. As part of the Van Leeuwen Pipe and Tube Group, Teuling Staal will be able to benefit from Van Leeuwen's extensive international network,in particular in the Middle East, AsiaandAustralia. In addition, we will be able to offer our customers an even more complete package of productsand services."

Joop Sassen, member of the Board of Directors and CEO of Van Leeuwen: "The acquisition of Teuling Staal fitsperfectly withinour strategy of continually strengthening the range of products and services we offer within the Oil and gasand Offshore segment. Van Leeuwen has already built up duplex stocks in Singaporeand last year our company established a specialized sales team and stock site for these products in Aberdeen, Scotland. Teuling Staal has an excellent reputationand the expertise and knowledge of its employees ensures the company will be an excellent addition to Van Leeuwen.

Van Leeuwen Pipe and Tube Group

The Van Leeuwen Pipe and Tube Group is an international trading company specializing in steel pipes, pipe components and valves. The company is active in virtually all industrial sectors. The company was founded in 1924. The Group has more than forty branches spread throughout Europe, the Middle East, Asia, Australia, and North America.