December 2021 M&A Roundup: Genuine Parts' Acquisition of Kaman Highlights Month - Modern Distribution Management

Log In

December 2021 M&A Roundup: Genuine Parts’ Acquisition of Kaman Highlights Month

Ohio Transmission Corporation, an industrial equipment service distributor, acquired Diversified Pump, TP Pump and Critical Rental Solutions.

Genuine Parts Company became the talk of the distribution world in December when it entered into a definitive agreement to acquire Kaman Distribution Group under GPC’s wholly-owned subsidiary, Motion Industries, Inc. The acquisition from private investment firm Littlejohn & Co. has been valued at approximately $1.3 billion in cash, and the transaction is expected to close in the first quarter of 2022.

M&A activity for distributors and manufacturers increased slightly overall, with one company on MDM’s radar reaching deals to acquire more than one entity. Columbus-based Ohio Transmission Corporation agreed to acquire Diversified Pump, TP Pump and Critical Rental Solutions. OTC announced all three acquisitions in the same week.

December M&A

Here are the M&A announcements — primarily involving distributors but also manufacturers that sell through the channel — MDM covered during December (click the headline for more details):

  • ABC Supply Acquires Siding Sales — Building materials distributor ABC Supply Co. Inc. of Beloit, Wisconsin, acquired the assets of Kentucky-based Siding Sales Inc.
  • AMETEK Acquires Alphasense — Berwyn, Pennsylvania-based manufacturer AMETEK acquired Alphasense, a provider of gas and particulate sensors for use in environmental, health, safety and air quality applications.
  • Brady IFS Acquires Janitor’s Warehouse — Brady IFS, a foodservice, janitorial and sanitation distributor with headquarters in Houston and Bell, California, acquired Janitor’s Warehouse, Inc.
  • Cook & Boardman Acquires Bass Security — Winston-Salem, North Carolina-based commercial door distributor Cook & Boardman Group acquired Bedford Heights, Ohio-based Bass Security Services, Inc.
  • Emerson Acquires Mita-Teknik — In an all-cash deal, Emerson Electric Co. of St. Louis acquired Mita-Teknik, a leader in the control automation business for wind power generation, equipping wind turbines and wind farms with technologies.
  • Envoy Solutions Acquires Valley Janitor — Envoy Solutions, the Glenview, Illinois-based holding company that owns and operates North American, WAXIE Sanitary Supply, SWPlus, Southeastern Paper Group and Daycon Products Co., acquired Ohio-based Valley Janitor Supply Company.
  • GWS Tool Acquires Carbide — Tavares, Florida-based GWS Toll Group acquired Menomonee Falls, Wisconsin-based Carbide Tools Manufacturing, Inc., a provider of special carbide round tools.
  • Imperial Dade Adds Paper & Twine Co. — Food service packaging and janitorial supply distributor Imperial Dade acquired American Paper & Twine, a Nashville-based distributor of janitorial, packaging, food service, safety and office products.
  • Genuine Parts to Acquire Kaman Distribution Group Under Motion Subsidiary —Genuine Parts Company (NYSE: GPC) agreed to acquire Kaman Distribution Group under GPC’s wholly-owned subsidiary, Motion Industries, Inc. The acquisition of KDG from private investment firm Littlejohn & Co. is valued at approximately $1.3 billion in cash, according to GPC.
  • Kodiak Acquires Shepley Wood Products — Highlands Ranch, Colorado-based Kodiak Building Partners acquired Shepley Wood Products, a company that serves professional builders, architects, designers and homeowners in southern Massachusetts.
  • McNaughton-McKay Closes Caniff Acquisition — Madison Heights, Michigan-based electrical product distributor McNaughton-McKay Electric Company finalized its acquisition of Caniff Electric Supply, an independent electrical distributor of construction products in southeast Michigan.
  • OTC Acquires Critical Rental Solutions — Ohio Transmission Corporation, a Columbus-based industrial equipment service provider and distributor, acquired Critical Rental Solutions, a national provider of oil-free air and temperature control rental equipment.
  • OTC Acquires Diversified Pump —Ohio Transmission Corporation acquired Diversified Pump, a provider of pumps, heat exchangers, gas compressors and service to industrial customers throughout the New England region.
  • OTC Acquires TP Pump —Ohio Transmission Corporation acquired TP Pump, a provider of pump lines for commercial, domestic, municipal, industrial and fire markets in New Mexico and northern Arizona.
  • Painters Supply Acquires Specialty Coatings — Painters Supply & Equipment Co. completed an acquisition of Specialty Coatings, Inc, a distributor of paints, coatings and supplies for industrial, marine, architectural and government applications.
  • Pearlman Group Acquires Vector Tools — The Pearlman Group, a portfolio company of The Stephens Group, LLC, acquired Advanced Diamond Technologies, Inc., whose trade name is Vector Tools.
  • PIP Acquires Bisley Workwear — Latham, New York-based personal protective equipment company Protective Industrial Products, Inc. acquired Bisley Workwear, a provider of work and safety wear based near Sydney, Australia.
  • Pipeline Packaging Acquires MidStates — Glenwillow, Ohio-based rigid industrial container distributor Pipeline Packaging acquired MidStates Container Company, a full-line packaging distributor located in St. Louis.
  • Pool Corp. Finalizes Porpoise Acquisition — Covington, Louisiana-based Pool Corporation completed its previously announced acquisition of Largo, Florida-based Porpoise Pool & Patio, Inc. and its subsidiaries.
  • Private Firm to Acquire Zilliant — B2B price optimization company Zilliant, Inc. agreed to be acquired by Chicago-based private equity investment firm Madison Dearborn Partners, LLC.
  • SBP Holdings Acquires Watts — SBP Holdings acquired Watts Steam Store, a sales and repair provider for hydraulic products, and its subsidiaries.
  • Solve Acquires Bearings Limited — Solve Industrial Motion Group, a Charlotte, North Carolina-based portfolio company of Audax Private Equity, acquired Bearings Limited, a leading manufacturer of bearings and power transmission components under the Tritan brand.
  • Sonepar Will Acquire Richards Electric — Electrical and industrial distributor Sonepar USA, a family-owned subsidiary of the privately held Sonepar Group in South Carolina, reached a deal to acquire Cincinnati-based Richards Electric Supply Company.
  • Sonoco Acquiring Ball Metalpack for $1.35B — Hartsville, South Carolina-based Sonoco agreed to acquire Ball Metalpack — a leading manufacturer of sustainable metal packaging for food and household products and the largest aerosol producer in North America.
  • Southwire Acquires OBI — Carrollton, Georgia-based Southwire Company, LLC acquired OBI Partners Inc., an Alpharetta, Georgia-based digital solutions provider focused on electric utilities.
  • SPX FLOW Acquired for $3.8B — SPX FLOW, Inc., a provider of process solutions for the nutrition, health and industrial markets, agreed to be acquired by Lone Star Funds in an all-cash deal valued at $3.8 billion.
  • Sysco Acquiring Coastal Companies — Foodservice distributor Sysco Corp. of Houston agreed to acquire The Coastal Companies, a fresh produce distributor and value-added processer, from Continental Grain Company.
  • US LBM Acquires Pro. Builders Supply — US LBM, a building materials distributor based in Buffalo Grove, Illinois, acquired Professional Builders Supply, a “top supplier” of building materials to local, regional and national custom and production builders in North Carolina and South Carolina.
  • TriMas Acquires Omega Plastics and TFI — TriMas, a Bloomfield Hills, Michigan-based manufacturer of engineered and applied products, acquired Omega Plastics and TFI Aerospace.
  • White Cap Acquires Ram Tool — White Cap Supply Holdings, LLC of Atlanta finalized an agreement to acquire Birmingham, Alabama based Ram Tool Construction Supply Co., LLC.
  • Winsupply Acquires H2O Supply Locations — Dayton, Ohio-based distributor Winsupply Inc. acquired both locations of H2O Supply, a wholesale distributor operating in Dallas and Fort Worth, Texas.

Did we miss anything? Please send M&A announcements to We also welcome suggestions for “Behind the Deal,” our occasional series that takes a deep dive into market-shifting moves in wholesale distribution.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.