July 29, 2022

July 2022 M&A Roundup: Momentum Carries into Year’s Second Half

Following a period that reenergized the pace of M&A activity, deals involving packaging companies and international entities kept a brisk pace.

Sales outpaced that of 1Q at the industrial distribution giant, despite slowing throughout the quarter.

The online retail giant, which doesn’t break out Amazon Business sales in quarterly earnings reports, said overall net loss was $2 billion in 2Q.

The London-based water treatment and sustainability provider finalized a deal to acquire Manitowoc Ice from Welbilt, Inc.

The opening comes as Southwire expands its business following the acquisition of Topaz Lighting Corp. in December 2021.

Steve Short will lead US LBM’s building materials sourcing and procurement strategy and supply chain operations, the company said.