QXO calls the agreement "shareholder-unfriendly" and a “poison pill”.
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With growing demand for hot tap/line stop services, The Colt Group strengthens its geographic footprint in the Midwest with addition of RJ Stacey.
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Beacon acknowledged the tender offer and recommended that shareholders take no action at this time.
Minnesota-based Tavoron specialized in electrical and air automation components, robotic systems and compressed air technologies.
Control Stop is a distributor of building automation and components based in Charlotte, NC.
Alabama-based Sonic Tools is a distributor of professional tools and storage solutions serving industries such as manufacturing and automotive repair.
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Jacksonville, FL-based Miller Electric is a provider of electrical services expected to generate approximately $805 million in 2024 revenue.
Grand Rapids, MI-based Sparks Belting Company is a manufacturer and distributor of process conveyor systems, accessories and power transmission products.
Auckland-based Flintfox is a provider of automated pricing solutions.
The firm combined its portfolio companies AMP and AHS, bringing together over 200 years of experience in material processing and handling solutions.
Kendall Lumber is a building materials distributor that will be joining the Kodiak company Simonson Lumber in Minnesota.
The letter shares full details of QXO's offer and claims Beacon has intentionally taken actions to "frustrate a transaction." Beacon responds.
Georgia-based Chemlube International manufactures a full range of lubricants distributed throughout the Southeast U.S.
Landover, MD-based S. Freedman & Sons is a family-owned distributor of cleaning supplies, paper products, packaging supplies and printed materials.
Columbia, MD-based TEC is a technology-driven janitorial and sanitation solutions distributor for the grocery and food distribution industries.
Lubbock, TX-based M.B. McKee is a distributor of mechanical bearings, belts, chain, conveyor system/components and more.
Saxco is a California-based distributor of rigid packaging solutions for the beverage and food industry.
Anchor Bolt & Supply is a distributor of fasteners, including concrete anchors, industrial bolts, chains, hardware, nuts and more.
