Industrial distributor strengthens its distribution in Mexico and South Florida with addition of Argo del Valle and Southern Tool & Machine.
Latest In Mergers & Acquisitions
Company spending $514.2 million on Seepex, a positive displacement pump manufacturer that has 800 employees and facilities in North America and Asia Pacific.
WESCO’s acquisition of Anixter, Builders FirstSource’s merger with BMC Stock Holdings, and multiple changes at HD Supply Holdings all factored into MDM’s latest lists of industry market leaders.
B&D says the acquisition “expands the company’s geographic reach and provides new services and support to customers throughout the U.S.”
Following the close of the $91 million transaction, OmniCable will retain both brands and its existing locations.
Atlas Copco’s newest asset, Compressed Air Systems Inc., has 30 employees and is based in Salisbury, N.C.
Landscape distributor adds Southern Stone Supply and Scott Stone, both of North Carolina, to its portfolio.
Kenco Hydraulics, which provides sales and repair services for all types of hydraulic products, will operate within the fluid power/automation platform (Dakota Fluid Power) for SBP Holdings.
Specialty building materials distributor US LBM Holdings again expands its presence in Texas with an agreement to acquire J.P. Hart Lumber and Hart Components.
Dayton-based distributor adds Greenville, North Carolina, company to its portfolio.
Distributor says the purchase will enhance its leadership position in metalworking and expand its aerospace industry presence.
Builders FirstSource, Watsco, US LBM Holdings, DXP Enterprises and others announced acquisitions in May, returning M&A volume to a healthy pace.
Atlas Copco’s newest addition is a specialized vacuum systems and solutions provider for the chemical and pharmaceutical industry.
Carlisle sheds its Brakes & Friction segment for about $375 million as part of an effort to simplify its portfolio.
Specialty building materials distributor US LBM Holdings expands its presence into Colorado and Washington with the deal.
In addition to more mobile storage space and modular office solutions, United Rentals gains General Finance’s 900 employees.
Cornerstone Alliance is the largest independently operated supplier of building materials in Arizona.
Crane Co. also renamed its Fluid Handling division to ‘Processed Flow Technologies.'
Brad Fairbanks and Tyler Rast will continue to lead the company under the Beehive banner.
The international distribution and services group said it has added Obex Medical Holdings to its portfolio.
