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The rule will go into effect 120 days after entered into the Federal Register, though it's expected to meet stern legal opposition.
The rapidly-expanding building products distributor now has more than 60 DCs across the U.S.
The investment will help Continuum expand digital transformation for B2B distributors and manufacturers beyond eCommerce.
Originally announced this past July, the deal was valued at $960 million.
The deal was originally announced on September 14, 2023.
Marc Strandquist — a 37-year industry veteran with Wurth Industry North America, Optimas Solutions and Martin Inc. — passed away on Aug. 31.
A potential transaction would likely be a merger of Bentley with Schneider's software business and be valued at over $15 billion.
Middle market private equity firm One Equity Partners acquires lifting, material handling and safety product distributor and manufacturer.
The distributor is adding over 1,000 new products to its current inventory of 6,000 items alongside advanced logistics solutions.
