The merger is expected to be finalized by the end of August, according to a news release.
Latest In Mergers & Acquisitions
Meritus intends to build out its specialty gas capabilities after acquiring a leader in the space, Global Calibration Gases.
SPATCO Energy Solutions will acquire petroleum services company MSCS, effectively expanding its geographic footprint into Texas.
The deal marks Pye-Barker’s fourth acquisition so far in 2023 and the entry into its 36th U.S. state.
Fasteners distributor B&F Fastener Supply has acquired long-time competitor Northern States Supply and is expanding its Midwest footprint.
L&W Supply is a subsidiary of ABC Supply, which ranked No. 2 on MDM's Top Distributors List for Building Materials/Construction.
The deal enhances capabilities to serve high growth, sustainable end markets including green steel, the company said.
It's BradyIFS' third bolt-on of 2023 after making six acquisitions last year.
It marks Beacon’s fifth acquisition so far in 2023.
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For its fiscal year ended Oct. 31, Hisco had sales in excess of $400 million and adjusted EBITDA of about $29 million.
Plans for the acquisition were first announced May 9.
The acquisition is AFC's sixth of 2023 and 11th since AFC was acquired by Bertram Capital in April 2021.
Womack Machine Supply and Morrell Group will combine to create one of the largest automation and fluid power distributors in the U.S.
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MCE has now made 10 acquisitions since January 2021.
CIRCOR is a manufacturer of flow control products serving the industrial, aerospace and defense markets.
The acquisition will double Rexel's size in the Netherlands.
The acquisition, subject to competition authority approval, is scheduled to close in June, according to a news release.
The Baron Group will join AD's Pipe, Valves & Fittings (PVF) Division.
