The company is selling its Specialty Tapes unit for $540 million, using the proceeds to reduce debt ahead of being acquired by Amcor.
Latest In Mergers & Acquisitions
It's Motion & Control Enterprises' 16th acquisition since the start of 2023.
Poland-based QEMETICA is a privately held manufacturer of soda ash, silicates and other specialty chemicals.
The month also included a trio of deals for both Imperial Dade and White Cap, among several other MDM Top Distributors.
Northwest Pump is a supplier of products and services to fueling stations, EV charging infrastructure and other industrial applications.
Huntington, NY-based Kleet Lumber is a distributor of lumber and building materials, including doors, windows, roofing and more.
Quikrete will pay $52.50 per share to acquire Summit Materials. With support from Summit’s largest shareholder, Cementos Argos.
It will combine the Nos. 1 and 10 companies on MDM’s 2024 Top Distributors List for Fluid Power.
Overall, the deal effectively doubles the size of Do it Best's membership.
Michigan-based HECO expands its electric motor sales across Michigan, Ohio, Pennsylvania and Kentucky with the acquisition.
Colorado-based Summit Materials is a supplier of construction materials such as ready-mix concrete and asphalt.
PIP is set to expand its global footprint with the acquisition, adding 20 manufacturing sites and 17 distribution centers worldwide.
Walters acquired Desert Electrical Supply and Pomona Wholesale, expanding its Southern California presence with over 33 locations.
CORUS is a distributor of industrial fastening solutions and pneumatic tools, serving industries across the Northeast and Mid-Atlantic U.S.
Astro Hydraulics is a Green Bay, WI-based manufacturer and distributor of hydraulic and pneumatic cylinders.
Fluid Gauge is a family-owned distributor of flow control solutions, serving customer in the Northwest and Southwest U.S.
With the dust settled on the merger of Lawson Products, TestEquity and GexPro Services to form Distribution Solutions Group, we explore the rationale for the transaction and path forward with a DSG board member who helped spearhead the combination.
Arnott is a Florida-based manufacturer and distributor of air suspension systems and components for the automotive industry.
NSI Industries is a manufacturer and distributor in the electrical and HVAC sectors serving customers in Canada and the U.S.
San-A-Care is a Waukesha, WI-based distributor of janitorial supplies, chemicals and cleaning equipment.
