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The acquisition will mark Core & Mains 10th transaction since becoming an independent company in August 2017.
Smartrac is a leading innovator in the development and manufacture of RFID inlays.
AI will not create another new sales channel for distributors, but will radically improve the performance of existing channels to exponentially increase profitability over time. While Data Network Effects have been great for companies in other spaces, they promise to be truly game-changing for distributors, says Proton.ais Benj Cohen.
The acquisition will add a unique personal protective equipment product line to Walters offering.
The newly combined company will be named Ingersoll Rand Inc.
Patrick T. Siewert will replace David E.I. Pyott, who has decided not to stand for reelection at the 2020 annual meeting.
Upon Mike Leechs retirement, Joe LeNoir, president of Irby Utility; Tyler Mitchell, president of Irby C&I; and Brad Slocum, SVP of Shared Services, will continue to run the day-to-day Irby business.
The business will be integrated into Jasons Industrial segment within Osborn.
WESCO struck a deal to acquire Anixter in January, a transaction estimated at $4.5 billion.
Dirk Van Dongen will lead the Association through November 2020.
