December M&A Roundup: 2020 Closes with a Bang
The final month of a tumultuous year brought a flurry of activity to wholesale distribution with 34 deals reported in MDM. Our M&A Roundup has the details you need.
January 4, 2021
US LBM Acquires Iowa Distributor
Latest addition for the actively acquisitive US LBM is the building products dealer and manufacturer Gilcrest/Jewett Lumber Co., which has five locations across Iowa.
AD Closes Two Mergers
Buying group announces the completion of the previously announced mergers with SafetyNetwork and Delta Distributors.
November Construction Spending Up 3.8% Year-Over-Year
The November figure also showed a 0.9% improvement from the revised October estimate; year to date, construction spending is up 4.4%.
CD&R Acquires Wolseley UK from Ferguson
Private equity firm strikes again with the $420 million purchase of Ferguson’s UK-based heating and plumbing distribution business.
DXP Enterprises Acquires Three Companies
DXP expand portfolio with the strategic acquisitions of Total Equipment Co., APO Pumps & Compressors (including Corporate Equipment Co.) and Pumping Solutions Inc.
Builders FirstSource, BMC Stock Holdings Complete Merger
New building materials juggernaut becomes official as companies with combined annual sales of $11.7 billion complete all-stock merger transaction.
Carlisle Cos. Announces HR, Finance Appointments
Company promotes Lori Snyder to vice president, human resources, and Amelia Murillo to a new senior finance position.
Hillenbrand to Sell Red Valve Business to DeZURIK
After announcing its intention to exit the business, Hillenbrand unloads its Red Valve business for $63 million.
