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.
April 4, 2023
MDM Podcast: The Master Group Wants to be North America’s Leading HVACR Distributor
We chat with The Master Group President Neil McDougall about the Quebec-based distributor's rapid recent growth and expansion roadmap.
Weiler Abrasives Appoints New CEO
AJ Roshan-Rouz succeeds Chris Weiler, who served as the company's CEO for nearly 15 years.
HARDI Distributors Post 4% Revenue Increase in February
The sales growth for the 12 months through February 2023 is 16.1% percent, according to a HARDI news release.
Singer Industrial Acquires Uni-Draulik in Canada
Singer Industrial, formerly SBP Holdings, made its first acquisition of 2023 after making several bolt-ons in 2022.
Macomb Group Merges with PVF Distributor Deacon Industrial
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 Announces Deals in Chicago & Ontario, Platform Expansion
GMS said in its announcement that expanding its footprint, scale and product offerings remain top priorities for the company.
Applied Expands in Automation, Adds Advanced Motion Systems
AMS serves customers across medical, technology, machine building, life sciences, electronics, automotive and other industrial verticals.
MSC Posts Strong, But Slower Sales Growth as Margins Shrink
Double-digit year-over-year sales and profit gains continued for the distributor, for which eCommerce comprised 62% of quarterly sales.
Beacon Makes Acquisitions in California and Wisconsin
Beacon has now made four acquisitions in 2023.
