A rebrand will include enhanced marketing, developing a sales team and modernizing the website, ERP and CRM infrastructure.
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Coburn Supply Company says it plans to implement a complete rebrand of the new plumbing branches.
RS said the rebranding will 'further enhance the company's user-friendly, technology-enabled customer experience in the region.'
MDM looks at another round of earnings reports from industrial distributors and manufacturers.
The combination creates a 'premier regional platform' serving Utah, Colorado, Arizona and Idaho, Shorehill Capital said.
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The deal — originally announced in November 2022 — allows for the unit to go forward operating as RONA Inc.
Fastenal bounced back after a December that saw slower sales growth.
The company's sales growth flattened to end the year, while full-year sales grew by a modest 3%, according to Honeywell.
Matco-Norca will continue to operate separately as a wholly-owned subsidiary of NIBCO INC., according to a news release.
The distributor of foodservice packaging and janitorial supplies serves the greater Fresno market in central California.
MDM looks at another round of earnings reports from industrial suppliers.
Avnet's 2Q sales were up 14.5% year-over-year, according to its Feb. 2 earnings announcement.
Timken's latest M&A deal comes just two days after the company reached an agreement to acquire Nadella Group.
The toolmaker reported full-year 2022 revenues of $16.9 Billion, an 11% increase over the prior-year total.
For the full year, Grainger saw its sales grow 16.9% from 2021.
The water treatment company attributed the year-to-year growth to the performance of its two business segments.
GMS has added several material-handling trucks equipped with battery-powered hydraulic cranes to its distribution fleet.
As a primer to MDM's Feb. 22-23 Virtual M&A Summit, we chat with MSC Industrial Supply leaders Erik Gershwind and Jim Drohan about the company's recently aggressive M&A strategy.
The pace of M&A activity accelerated in January, as industrial distributors and manufacturers reported four-dozen deals to start the year.
