It’s being described as a hostile takeover attempt after previous offers from Emerson were rebuffed.
Posts By Mike Hockett
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You may have noticed that today's edition of our MDM Update looks a little different. Here's why.
It follows Hajoca’s May 2022 launch of its HVAC unit and looks to significantly bolster the company’s offerings outside of plumbing, heating and industrial supplies.
Dave Rush had served as interim CEO since mid-November and is a 23-year company veteran.
They mark the fourth and fifth bolt-ons for MSC in a 19-month span.
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Started in a vacant basement, 84 Lumber has expanded to become the United States' largest privately-owned building materials distributor.
The Pennslyvania-based independent distributor of specialty building materials will wind down operations over the next few months, ending operations on March 31. It will impact 130 employees across five locations.
We’re combining the twice-weekly MDM Premium newsletter and tri-weekly MDM Update newsletter into a new MDM Update daily newsletter that showcases both Premium content, free blogs and news each day of the week.
The well-regarded barometer of U.S. manufacturing ended 2022 on a sour note, contracting for a second-straight month to its lowest mark since May 2020 when industries were dealing with factory shutdowns.
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The MDM staff hopes you're able to enjoy a long New Year's weekend. Our daily newsletter will resume Tuesday morning with MDM Premium, followed by MDM Update on Wednesday.
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Mike Hockett provides a glance at the value and purpose behind MDM's upcoming Virtual M&A Summit, to be held Feb. 22-23. Early bird registration pricing ends Dec. 31.
The hardware products distributor has added a former Hillman Group and Elgin Fastener executive to lead its Industrial Business.
It marks PGC’s fifth acquisition since it was formed by Shorehill Capital in 2017.
Atlanta-based Heritage Distribution Holdings is a group of HVACR distributors serving the U.S. southeast and midwest via 64 branches across 10 states.
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Sonepar: "Henri, following a family lead, recognized very early the potential of the electrical distribution industry."
