The deal is expected to close in early 2023.
Latest In Mergers & Acquisitions
The merger is effective Jan. 1, 2023, and ICS’s staff will remain intact following the acquisition.
Mid-States is a dry bulk transportation, warehousing and export services company with 11 locations in Texas, the Northeast and Mid-Atlantic.
Munich, Germany-based Instrumex is a distributor of test and measurement equipment.
Bossard, ranked No. 12 on MDM’s 2022 Top Fastener Distributors list, acquired the Canadian distribution unit from fastening solutions manufacturer PennEngineering.
BlackHawk continues its growth strategy by acquiring Schofield, Wisconsin-based Thomas Industrial Supply, Inc.
The distributor of foodservice and JanSan products acquired Maintenance Supplies and Marketing, Inc. and H.C. Walterhoefer & Sons.
The merger, facilitated by a duo of private equity firms, will create a leading supplier in the aerospace industry.
Acquired from Illinois Tool Works, the purchase price is $59 million.
The deals mark the 57th and 58th acquisitions for Imperial Dade under Chairman Robert Tillis and CEO Jason Tillis.
The industrial distributor says the deal will expand its HVAC presence in the Pacific Northwest.
Minnesota-based private equity firms Tonka Bay Equity Partners and Northstar Capital partnered to invest in Standard Locknut.
Jon-Don has acquired Norkan Industrial Supplies and CRT Industrial Equipment.
For the month, MDM reported 22 mergers and acquisitions among industrial distributors, the lowest total since May.
President & CEO John Mark discusses BlackHawk’s go-to-market strategy, how it differentiates in the markets it serves and its continued aggressive growth strategy. He also talks about the importance of culture and leadership challenges today.
It adds approximately $100 million in revenue to CED.
Hanes Geo Components would acquire the majority of business and assets of Nilex Inc.
The deal will provide a 'one-stop shop' for concrete and masonry construction in the North and Central Florida markets, New South said.
Acquisitions and technology investments remain viable ways for distributors to bet on themselves to outperform competitors, but they aren't the only options available. Here, Mike Hockett outlines those and other investments worth particular consideration ahead of a forecasted economic slowdown.
