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The combined company will do business under the name Zircon and will be centered on leveraging Zircon’s ASIC processor technology.
QFC represents AFC's third acquisition of 2023 already and eighth since April 2021.
TPG has agreed to acquire a majority interest in OneOncology, and AmerisourceBergen will acquire a minority interest in the company.
The company reported a 2% increase in sales over the same quarter in 2022 to a 'record' $1.55 billion.
The tentative deal signals the first significant progress since a pact on healthcare benefits was agreed upon in summer 2022.
CK Supply Inc. will take over operations as it looks to expand service offerings, the company said in a news release.
Pool Corp experienced a decline in sales in 1Q 2023 due to seasonally unusual weather in some of its key markets.
The French electrical distributor said total 1Q 2023 sales across the globe increased 12.6% versus the same period last year.
Snap-on's 7.8% sales increase in 3Q was up from 4Q 2022’s year-over-year increase of 4.3%.
Motion, Genuine Parts Company's industrial segment, achieved sales of $2.3 billion in 2023's first quarter.
