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EZ Concrete Supply is a distributor of decorative concrete supplies and equipment to specialty contractors across the U.S.
The transaction is expected to close during the spring of 2023 when KE2 Therm will begin integrating into Distech Controls.
The location will focus on compressed air solutions, one of which is DIRECTAIR, an air utility service solution for customers.
While overall construction input prices rose slightly from February, they were 0.9% lower than in March 2022.
Butler's Electric Supply will be integrated into Sonepar USA subsidiary Capital Electric Supply.
The increase was above investor expectations of a 0.2% gain, according to a survey by The Wall Street Journal.
The rebrand took effect in early March.
The initiative is aimed at providing expanded technical expertise and support to end users in key segments.
The acquisition is Meritus Gas Partners' second in less than a week.
The Producer Price Index fell 0.5% in March, the largest decline since the start of the COVID-19 pandemic in early 2020.