One of Louisiana’s largest oil and gas services businesses has purchased a fellow Terrebonne Parish firm, the third company it has bought so far this year.

Danos, the Gray-based company now on its third generation of family ownership, said last week that it has completed the purchase of Panel Specialists, which builds industrial control panels and operates out of a facility near the Houma-Terrebonne Airport.

In a statement, Danos CEO Paul Danos said the acquisition will help deliver more value to clients.

“By combining our strengths, we can enhance the quality, reliability and scope of our services, ensuring customers receive the best possible solutions for their evolving needs,” Danos said.

Terms of the private deal, including purchase price, were not disclosed.

Panel Specialists has

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