Plans for the acquisition were first announced May 9.
Latest In Mergers & Acquisitions
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.
As the calendar crawls toward summer, the pace of M&A activity among industrial distributors and manufacturers stays robust.
It's the first acquisition of 2023 for Hillenbrand after the industrial distributor made four bolt-ons in 2022.
Sherwood Lumber has acquired MAWL, a Baltimore-based building products distributor.
Foster is a full-service provider of precast concrete structures, pipe, drainage materials and related geosynthetics products.
The $250 million deal expands Aliaxis in key U.S. markets by adding 2 production facilities and 1 distribution center.
Minnesota-based building supply distributor MacArthur Company acquired wholesale HVAC distributor American Metals Supply.
The acquisition is the first for the company since April 2020 and the first under CEO Dave Flitman’s leadership.
Global Industrial says the acquisition expands the industrial distributor’s one-to-one sales reach to new customers and markets.
The deal is for $1.9 billion in cash and $150 million in HEICO Class A Common Stock to be paid at closing, or $2.05 billion in the aggregate.
The acquisition of PCC bolsters GracoRoberts’ presence in the aerospace composites market, according to a news release.
The strategic acquisition of American Sock will allow FPS to provide a full range of construction dewatering services.
