October M&A Roundup
Big moves from some of distributions biggest players.
Year to date sales were reported at $8.1 billion, down 2.5% over the same period in 2018.
For the first nine months, the company reported sales of $7.3 billion, up 0.7% from the same period in 2018.
Pac Coast will operate and be integrated under Total Safetys specialty distribution business unit, which operates under the S&S Supplies and Solutions brand.
Nonfarm business sector labor productivity decreased 0.3%.
Net income was $13.1 million, compared to $8.4 million in the year-ago period.
The company estimates annual savings of $5 million once the closure is completed.