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nVent has entered into an agreement to acquire ECM Investors, the parent company of ECM Industries.
Chris Bateman, CEO of Industrial Supply Company, Inc. was given special recognition during the ceremony, which was held in Tampa, Florida.
The rebrand comes nearly a year after Woodgrain's acquisition of Huttig.
The units include Feldman Lumber, Richardson Gypsum, Rosen Materials, Wallboard Supply Company and Coastal Roofing Supply.
![2023_CoatingsHub_Acq_1200_628[55]](https://www.mdm.com/wp-content/uploads/elementor/thumbs/2023_CoatingsHub_Acq_1200_62855-riq1fjsi1286os8yhqkkx6sw4f0oynqhrojev76k04.jpg "2023_CoatingsHub_Acq_1200_628[55]")
The acquisition is Jon-Don's first in 2023.
The two companies announced in October 2022 that they had agreed to an all-cash transaction as part of the agreement.
The acquisition is NEFCO's eighth since 2017.
The sales growth for the 12 months through February 2023 is 16.1% percent, according to a HARDI news release.
Singer Industrial, formerly SBP Holdings, made its first acquisition of 2023 after making several bolt-ons in 2022.
Former Deacon Owner Bill Vail will continue to lead Deacon’s operations and will serve as EVP and board member at The Macomb Group.
