LEXINGTON, Ky. — C.I. Thornburg Co. Inc. (CITCO) has acquired partner Viking Supply Inc., located in Hebron, Boone County, to better serve its customers and grow within their operational market area, Jeffrey Morrison, CEO of CITCO, announced Thursday.
CITCO, family owned and operated, distributes products in the water and wastewater markets. As an industry pioneer and pacesetter, CITCO sales team, engineers and service technicians, provide high-quality water solutions across all stages of need. Viking Supply specializes in water and sewer pipe products for municipalities and all types of contractors.
Based in Huntington, W.Va., CITCO maintains offices in Lexington and also serves Bowling Green, Ky., Bridgeport, W.Va. and Nashville, Tenn. With this acquisition, CITCO grows into its third generation in business and looks to expand their market area into Indiana and Ohio.
In a letter to their employees, Morrison shared excitement about the acquisition:
“This will give us the opportunity for growth right away and will give us further opportunities as we add out diverse portfolio of products and services to Viking’s already successful business,” Morrison said.
The planned integration begins immediately with the sale’s finalization. A seamless transition will follow for stakeholders and vendor partners. CITCO anticipates adding five new team members to its staff as it integrates with Viking’s family culture, reputation, values and expertise.
CITCO was founded in 1931 in Huntington, W.Va. and has grown to employ over 100 people across five full service branches. Founded in 1977 by Paul Brown, Viking Supply Inc. began as an industrial supplier and was sold to Jim Parsons in 2000. Their current market area is Kentucky, Indiana and Ohio.