The Anchorage, Alaska-based industrial distributor has brought its various subsidiary units together under one brand.
Posts By Brad Star
The distributor of fire protection and safety products continues to expand aggressively after making 23 acquisitions in 2022.
After getting back on track in December, factory orders are up four of the last five months.
The acquisition is MCE's eighth since 2021.
Dynabrade has expanded the scope of its vertical integration by acquiring one of its strategic suppliers, Global Abrasive Products.
Avnet's 2Q sales were up 14.5% year-over-year, according to its Feb. 2 earnings announcement.
For the full year, Grainger saw its sales grow 16.9% from 2021.
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The water treatment company attributed the year-to-year growth to the performance of its two business segments.
The new international Wesco Anixter brand represents the combined organization across its CALA, EMEA and APAC regions.
Timken has agreed to acquire Nadella Group, a manufacturer of motion technology based in Italy.
Mid-State Bolt & Nut will be known as a "division of Field" moving forward, the company said.
Since the start of 2021, France-based Rexel has acquired approximately $1.85 billion of sales via 10 transactions.
SRS has acquired Marsh and its eight locations in Ohio and Kentucky.
Flow Control Holdings, a portfolio company of Audax Private Equity, is expanding into Canada with its acquisition of Andron Stainless.
Backed by Clearlake Capital Group, FloWorks made an acquisition this past August.
After making 10 acquisitions in 2022, FleetPride has acquired the assets of a Florida-based truck shop for its first move of 2023.
Kimberly Clark's Professional segment posted net sales of $800 million in 4Q.
Applied Industrial Technologies continued its strong start to 2023 with an impressive fiscal second quarter.
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