The acquisition strengthens the companys presence in the Midwest.
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John Henry Foster Minnesota is a value-added distributor of motion control parts and accessories, supplying manufacturers in the Upper Midwest.
Erie Press has reported annual revenues of $20 million.
Presta will complement the companys existing B&L wholesale supply branch in Erie, Pennsylvania.
Genuine Parts previously purchased a 35% stake in Inenco in 2017.
Erie Press has reported annual revenues of $20 million.
Alantra served as financial advisor to Crosby and Kirkland & Ellis and Vinge served as legal advisors.
The acquisition will expand PIP Globals product offering and channel penetration.
The company reported a loss of 86 million during the quarter.
Baileighs operations will remain in their two current Wisconsin locations.
The CORE acquisition complements Descartes recent investment in Velocity Mail.
Building materials distribution segment sales were down 8.6% year-over-year.
The acquisition will grow the companys offerings in the Northeast.
Profit for the quarter was $3.5 million.
