Acquired business is located in Germany.
Day: February 3, 2014
PDMA had sales of $225 million in 2013.
Profit dropped significantly for quarter, full year.
Acquisition expands Tech Air's geographic reach.
Company's sales up 8.6% in fourth quarter.
PHS will continue to operate as a Medline subsidiary.
Geawelltech to become part of surface and exploration drilling division.
Van Leeuwen acquires Tubexpress, a pipe and tube distributor focused on the oil and gas industry.
Acquired business is based in France.
Year-to-date sales increased 4.9 percent.
Purchasing Managers Index registers at 51.3%, down 5.2 percentage points from December.
December 2013 construction spending was up 5.3% from December 2012.
Acquisitions expand industrial, electrical/electronic and office products offerings.