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It's FloWorks' seventh deal completed since it was privately acquired by Wynnchurch Capital in early 2023.
The move strengthens Fortune's local fresh seafood sourcing and custom-cutting capabilities in the Mid-Atlantic and Southeast markets.
Two distributors caught in tariff enforcement sweep; one to pay a $54M settlement and another's COO faces prison.
The acquisition continues AAR’s accelerated growth strategy.
It’s at least the third time Cintas has made a takeover offer, and this time it’s added a deal-break fee it would pay in case the transaction isn’t approved.
Surveyed metalforming manufacturers indicated month-to-month improvement in their December outlook for near-term business conditions and incoming orders.
Proceeds will be used to reduce debt and increase financial flexibility.
One has been promoted from a subsidiary, and the other is moving from one region to the other.
Dan Florness has been with the company since 1996 and its CEO for the past nine-plus years.
Chicago-based FreightCar gains a family-owned distributor near Pittsburgh that focuses on running-repair railcar components.