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Oxywise and Fraserwoods Fabrication & Machining are being purchased for a combined, all-cash price of approximately $26 million.
The management consulting company is looking to run an auction process for a 49% stake, according to Bloomberg.
Manning’s product portfolio includes lumber and trusses, along with custom doors, windows and millwork, and installation services.
Norlen provides stamping, machining, painting, and additional fabrication services to industries including agriculture, HVAC and defense.
The all-cash transaction — which reflects approximately 6.75x proforma adjusted EBITDA — was funded through Greif's existing credit facility.
The agreement could generate the power equivalent to the annual electricity needs of more than 34,000 average U.S. homes.
Nova specializes in the repair, remanufacture and supply of hydraulics parts to end-users, resellers, repair houses and OEMs.
Sonepar plans to align the electrical contractor business of ESI with World Electric, while ESI’s utility segment will align with Irby Utilities.
Tool and fastener distributor AMW will operate under its legacy name and will further support GMS’s existing presence in the Phoenix market.
Massachusetts-based distributor Garvin Construction Products joins Beacon's growing waterproofing division.