Meridian Adhesives Group Acquires E-Chem
Meridian Adhesives Group, Dalton, Georgia, on Thursday announced the acquisition of E-Chem, Albuquerque, New Mexico.
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M&A
ABB Completes Divestment of Power Grids to Hitachi
Swiss electrical manufacturer sold 80.1 percent of its Power Grids business to Hitachi in a deal valued at $7.6 billion to $7.8 billion.
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Genuine Parts Co. Sells S.P. Richards Co.
Genuine Parts Co. (NYSE: GPC), Atlanta, Georgia, announced Tuesday that it has completed the sale of its S.P. Richards operations through two separate transactions. Genuine Parts sold S.P. Richards’ core U.S. operations to an investor group and it sold S.P. Richards’ Supply Source Enterprises business operations — The Safety Zone and Impact Products — to
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Beyond Electrical: WESCO-Anixter Deal Will Resonate Across All Channels
WESCO International Inc.’s $4.5 billion acquisition of Anixter International Inc. will have repercussions across all distribution channels — not just electrical — according to the panel on last week’s MDM Live.
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ZSi-Foster Completes Acquisition of Hydra-Zorb
ZSi-Foster Inc., an Ideal Tridon company, announced Thursday that it has completed the acquisition of Hydra-Zorb Co. Financial terms of the deal were not disclosed. Headquartered in Auburn Hills, Michigan, and founded in 1972, Hydra-Zorb makes pipe, hose and tube clamping for the hydraulic, HVAC, plumbing and refrigeration markets. “The Hydra-Zorb organization is excited to
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DSG to Acquire Honold & La Page in Asset Purchase
Electrical, plumbing and HVACR distributor DSG to purchase Wisconsin-based company in asset sale.
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