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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.
GMS said in its announcement that expanding its footprint, scale and product offerings remain top priorities for the company.
AMS serves customers across medical, technology, machine building, life sciences, electronics, automotive and other industrial verticals.
Double-digit year-over-year sales and profit gains continued for the distributor, for which eCommerce comprised 62% of quarterly sales.
Beacon has now made four acquisitions in 2023.
Private nonresidential spending was up 0.7%, while public nonresidential construction spending was down 0.2% in February.
SealTeam Australia and AB Seals distribute standard and tailored, highly technical hydraulic and pneumatic sealing solutions.
PalletOne automated manufacturing lines are in more than 70 UFP Packaging facilities with an opportunity to add 20 more locations.
Thief River Falls, Minnesota Mayor Brian Holmer proclaimed April 3, 2023 as 'Digi-Key Day in the city of Thief River Falls.'
