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In The News:

HVACR, Plumbing Products & PVF Distribution

April 2016 M&A Roundup: Consolidation Ramps Up in HVAC/Plumbing Sector

Building materials and construction distributors also busy with deals.
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AD Member Sales Grow 9% in 1Q

Over the last 12 months, AD members hired 1,267 new employees.
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HARDI Distributors Report 9.9% Sales Increase in March

Annualized growth through March is 6 percent.
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Atlas Copco Acquires Compressor Business

Company acquires compressor business of Kohler Druckluft.
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Ferguson Reaches Settlement with Former Employees, Lockwood

Company had sued former employees in 2015 after they resigned to join Lockwood.
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Applied Industrial Technologies Sales Down 6.9% in 3Q

Company reports loss of $44.7 million for the quarter.
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Ingersoll-Rand Sales Up Slightly in 1Q

Profit nearly triples to $152.4 million in the first quarter.
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Watsco Sales Up 5.2% in 1Q

HVAC sales up 7 percent year-over-year.
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Atlas Copco Subsidiary Acquires Scales Industrial Technologies

Quincy Compressor buys industrial air compressor and ancillary systems distributor.
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F.W. Webb Acquires State Line Supply

Acquisition expands company's presence in New Hampshire.
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