Regal Rexnord Closes $5B Acquisition of Altra Industrial Motion
The two companies announced in October 2022 that they had agreed to an all-cash transaction as part of the agreement.
The two companies announced in October 2022 that they had agreed to an all-cash transaction as part of the agreement.
We chat with The Master Group President Neil McDougall about the Quebec-based distributor's rapid recent growth and expansion roadmap.
AJ Roshan-Rouz succeeds Chris Weiler, who served as the company's CEO for nearly 15 years.
The sales growth for the 12 months through February 2023 is 16.1% percent, according to a HARDI news release.
Singer Industrial, formerly SBP Holdings, made its first acquisition of 2023 after making several bolt-ons in 2022.
Former Deacon Owner Bill Vail will continue to lead Deacon’s operations and will serve as EVP and board member at The Macomb Group.
GMS said in its announcement that expanding its footprint, scale and product offerings remain top priorities for the company.
AMS serves customers across medical, technology, machine building, life sciences, electronics, automotive and other industrial verticals.
Double-digit year-over-year sales and profit gains continued for the distributor, for which eCommerce comprised 62% of quarterly sales.
Beacon has now made four acquisitions in 2023.