October 24, 2006 - Modern Distribution Management

October 24, 2006

Schneider Electric Grows 9.9% in 3Q

Schneider Electric sales for the third quarter of 2006 totaled 3,480 million ($4,373 million), up 15.3% on a current structure and exchange rate basis from the year-earlier period. Acquisitions (primarily Juno Lighting, BEI Technologies, Merten and Clipsal Asia) contributed a 216 million ($271 million), or 7.1% of growth for the period.   Schneider Electric benefited […]

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Building Materials Holding Corp. Hit by Housing Slowdown

Building Materials Holding Corporation, San Francisco, CA, provider of construction services and building materials to professional residential builders and contractors, today reported sales for the third quarter of 2006 increased 1% to $831 million from $820 million in the same quarter a year ago. For the nine months ended Sept. 30, 2006, sales increased 26%

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Snap-on to Acquire ProQuest Business Solutions for $450M

Snap-on Inc., Kenosha, WI, manufacturer of tools, diagnostics and equipment for professional users, has agreed to acquire ProQuest Business Solutions from ProQuest Company for about $480 million in cash plus $19 million of debt.ProQuest Business Solutions’ products are aimed at helping original equipment manufacturers (OEMs) and their dealers enhance service operations. ProQuest Business Solutions’ products

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