The 2020 Mid-Year Economic Update_long
M&A Roundup November 2020
Operations

November M&A Roundup: Consolidation Escalates Amid COVID-19 Surge

Not only has activity rebounded despite the rise in coronavirus cases and corresponding lockdowns, but also multibillion-dollar deals are happening more frequently. Here’s our M&A recap from a very busy month.

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Latest
BMC acquires TW Perry
Operations

BMC to Acquire Maryland-Based Building Materials Distributor

Independent company, which serves Northern Virginia, Maryland and Washington, D.C., will become part of building materials giant — the soon-to-be merged BMC and Builders FirstSource.

Census Bureau Releases Two Advance Economic Indicators for October
Research & Analytics

Census Bureau Releases Two Advance Economic Indicators for October

The U.S. Census Bureau has released advance indicators showing that the international trade deficit and wholesale inventories moved in opposite directions in October.

New Orders for Durable Goods October 2020
Research & Analytics

Advance Report: New Orders for Durable Goods Up 1.3% in October

Increase of manufactured durable goods is the sixth in a row following growth in May, June, July, August and September — all of which had been preceded by two decreases during the height of the coronavirus crisis.

PPG acquisition of Ennis-Flint
Operations

PPG to Acquire Coatings Manufacturer Ennis-Flint

Paints, coatings and specialty materials supplier PPG (NYSE: PPG), Pittsburgh, Pennsylvania, on Monday announced that it has agreed to acquire Ennis-Flint, a Greensboro, North Carolina-based manufacturer of coatings, for $1.2 billion.

Real GDP 3Q 2020 Second Estimate
Research & Analytics

Real U.S. GDP Up 33.1% in 3Q According to ‘Second’ Estimate

The increase in real GDP reflected increases in PCE, private inventory investment, exports, nonresidential fixed investment, and residential fixed investment that were partly offset by decreases in federal government spending.

Technology

Download this Issue as a PDF: November 25 2020

Introducing the latest class of MDM Future Leader Award winners — 10 talented and digitally focused leaders under age 40 who are enhancing the market at every turn.

Champion golden trophy for winner background. Success and achievement concept. Sport and cup award theme.
Leadership

Motivated, Talented and Full of Industry-Changing Ideas: Meet the Next Class of MDM Future Leaders

Chosen from dozens of talented nominees over a month-long online nomination process, the latest MDM Future Leader Award winners represent the cream of the crop among the field of under-40 distribution talent.

Big data analytics and business intelligence concept with chart and graph icons on a digital screen interface and a businessman in background
Leadership

Commentary: The Future of Distribution Looks Bright

The latest group of MDM Future Leader Award winners are setting the stage for the next generation of distribution with their focus on technology-based initiatives.

Bossard Group
Operations

The Bossard Group Invests in Welding Business

Swiss fastener distributor The Bossard Group has invested a 40% stake in the startup company MultiMaterial-Welding AG, Stansstad, Switzerland.

White Papers
Reports
Podcasts

In this episode, Brian Gardner, founder of SalesProcess360, demystifies the Sales Process Audit that industrial sales organizations can implement to get ROI from CRM. While CRM can be an impactful technology, Gardner stresses that organizations need the right processes in place to capitalize on their CRM investment. With over 25 years of experience in sales management and CRM, hear Gardner’s insight on how companies at all stages can get the most out of their sales process.

Webcasts
epicor webcast 12-3
Join us for this panel discussion on December 3 at 1 PM EST, moderated by MDM’s Tom Gale, to gain insight from three distribution technology leaders on how they are approaching the year and guiding their teams to build more technology-enabled organizations.
Spotlight Videos
Valves on pipes
Scott Young, President of George E. Booth Co., a Midwest distributor of process instrumentation products and services, talks with MDM's John Gunderson about the company's launch of a cloud-based ERP system at the beginning of 2020. The timing could not have been better. As Young shares in this Spotlight video, the company was able to pivot quickly in mid-March when its 75-person workforce started working from home. The move allowed the team to focus on revenue-generating activity and value-added services to support customers, while reducing costs by automating back-end processes.

Partner Resource Center

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