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Winsupply adds an HVAC distributor based in Clinton, Iowa, marking the company’s fifth acquisition of 2021.
The building materials distributor expands to Michigan with its second acquisition announced in as many days.
Year-over-year, the goods and services deficit decreased $3.2 billion, or 4.3%, from June.
Builders FirstSource CEO: The move will “strengthen our broad portfolio of industry-leading solutions and valued-added products.”
The average annual sales growth for the 12 months through July was 17.2%, which was flat when compared to June, according to HARDI Distributors latest report.
GMS doubled its net income in the first quarter as it continued to benefit from a strong residential market.
The deal was the third acquisition of the year for MCE, a portfolio company of the private equity firm Frontenac Co.
Building materials distributor expands to Massachusetts’ South Shore, Cape Cod and the Islands
The August Manufacturing PMI registered 59.9%, which was an increase of 0.4 percentage point from the July reading of 59.5%.
The increasingly acquisitive bearings manufacturer has added EFOLEX AB to its portfolio — its second deal announcement in as many days.
