The companies said the merger strengthens two locally rooted companies’ operations and expands product offerings.
Latest In Mergers & Acquisitions
Houston-based Sumner Brand is a manufacturer of jack stands, material lifts, welding tools and industrial equipment.
Cornwall, Ontario-based UAP is a distributor of automotive parts and heavy-duty parts, including tires, covers, shocks, wipers, coils and more.
Avail’s Electrical Products Group offers specialized products and solutions to support industrial and electrical applications.
Belair Road Supply is a supplier of water, sewer, storm and masonry products to customers across Marylan and Delaware.
OSC is a distributor of packaged gases and welding supplies, serving a range of industries, including healthcare, food and beverage, manufacturing and construction.
Beacon has also postponed its Investor Day that was scheduled for March 13.
To further court Beacon investors to tender their shares into QXO's buyout offer, QXO's founder and CEO wrote to sympathize and level with Beacon staff.
Based in California's Bay Area, DM Figley is a supplier of sealants, waterproofing and concrete repair products.
Beach Window and Door offers a range of exterior and interior doors, windows and specialty building products to a variety of customers.
Based in Ohio, Mined XAI offers businesses explainable AI solutions to address various challenges, specializing in fleet management, risk modeling and more.
Colorado-based Sundyne is a designer and manufacturer of pumps and gas compressors led by brands of Ansimag, HMD Kontro and Marelli.
New Jersey-based Flexline manufactures specialty hose assemblies, serving a range of industries including OEM, aerospace and distribution.
Based in Des Moines, Rising Star distributes a range of exterior building products, including siding, windows, doors, manufactured stone veneers and more.
QXO re-extended its all-cash tender offer, with Brad Jacobs challenging the Beacon board’s resistance. Beacon issued a prompt response.
A & A Resources distributes wire, bearing, fiber optics, mechanical industrial and more to a range of industries.
Houston-based Kris-Con is a distributes a range of construction products and equipment rentals, including hand tools from Makita, Bosch and Milwaukee.
Tennessee-based Brozelco is a distributor of industrial automation solutions, serving a range of industries, including mining, utilities and industrial operations.
Georgia-based Estex is a manufacturer of tool bags, safety products, baggage cart curtains and more, serving a wide range of sectors.
February saw a steady but unremarkable flow of M&A deals, including several MDM Top Distributors announcing or closing transactions during the month.
