A Busy Week in Acquisitions - Modern Distribution Management

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A Busy Week in Acquisitions

This week has seen a good number of large and small acquisitions in the distribution and manufacturing world, along with an interesting move by cutting-tool supplier Kennametal, a change in the tech landscape, and a not-often-seen move by industrial/PVF distributors McJunkin and Red Man Tool and Supply.

McJunkin and Red Man have announced a merger of equals,” which means they will form one company with close to $3 billion in annual sales, but the CEOs will share leadership and the new company will have two headquarters (story).

According to Investopedia, a site I frequent, a merger of equals is …

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This week has seen a good number of large and small acquisitions in the distribution and manufacturing world, along with an interesting move by cutting-tool supplier Kennametal, a change in the tech landscape, and a not-often-seen move by industrial/PVF distributors McJunkin and Red Man Tool and Supply.

McJunkin and Red Man have announced a merger of equals,” which means they will form one company with close to $3 billion in annual sales, but the CEOs will share leadership and the new company will have two headquarters (story).

According to Investopedia, a site I frequent, a merger of equals is …

To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.

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About the Author
Picture of Lindsay Young

Lindsay Young

Lindsay Young is the president of 3 Aspens Media, a B2B content strategy and marketing content firm that works with distributors to translate their offline expertise – online. She has more than 20 years of experience leading and producing online and print content for publications and businesses. She leads a team of 12 writers, client success managers, designers, marketing specialists and strategists to produce content that helps companies translate their benefits to key decision-makers. She was previously the editor of Modern Distribution Management.
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