Industry Acquisition Texon has recently been acquired by Savage Services, a major global supply chain solutions provider, signaling potential for expanded service offerings and cross-selling opportunities within its extensive logistics and infrastructure network.
Growing Market Size With a revenue estimated between 500 million to one billion dollars, Texon operates in a substantial market segment, presenting opportunities to introduce innovative technologies that enhance efficiency and reduce costs in midstream energy services.
Specialized Technology Use Texon’s emphasis on tech-based blending and energy marketing suggests openness to advanced digital solutions, including automation, data analytics, and integrated software to optimize operations and client satisfaction.
Focus on Niche Services Their niche in NGL marketing and blending offers tailored product solutions, providing a pathway to promote complementary technology-driven products that improve product quality, safety, and compliance.
Customer-Centric Approach Texon’s commitment to understanding customer needs indicates potential for developing customized technology solutions and value-added services aimed at strengthening client relationships and creating loyalty.