Descartes' purchase includes potential performance-based consideration.
Posts By Brad Star
The acquisition is expected to close in the first quarter of 2023.
The drop in factory orders followed three consecutive monthly increases.
PJ Wiseman has been a distribution partner of Morse for over 30 years.
Year-to-date orders for manufacturing technology orders dropped below 2021 for the first time in 2022, according to AMT's latest monthly report.
Marc Strandquist has joined the industrial distributor as EVP of its Fastening Solutions Division.
Sonepar is off to a fast start in 2023, having already made two acquisitions in the new year.
The cuts are nearly double the 10,000 layoffs Amazon said it was targeting in November.
After its offers to buy all of SPX Flow were rejected, Ingersoll Rand has instead acquired the company's air treatment business.
Masonite and Endura have been partners for more than 25 years in the door industry.
Beacon announced the acquisitions of Whitney Building Products and First Coastal Exteriors a day apart.
November's seasonally adjusted annual rate of $1.8075 trillion was 0.2% above the revised October rate.
GMS marked the beginning of its expansion into the New York City with the acquisition of Brooklyn-based fastener distributor Tanner Bolt & Nut.
FMH joins GNCO's portfolio of companies within the equipment distribution industry.
MDM concludes its year-end retrospective series with a look back at our top news items from 2022.
Torque Capital Group has acquired MFC Netform, a manufacturer of cold-formed components.
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Green Mountain expands to 18 locations with its acquisition of Scott Electric Supply.
It’s a significant drop that follows three consecutive monthly increases.
Applied UV is set to acquire two privately held sister companies, Puro Lighting and Led Supply, both based in Colorado.
