Motion & Control Enterprises, a portfolio company of the private equity firm Frontenac Co., called the addition of Diversified Air Systems a “natural fit with MCE’s fluid power capabilities.”
Eric Smith
Senior Editor Eric Smith is an award-winning business journalist whose coverage focus includes economic news and insights, industry trends, M&A, and analysis of small businesses and public companies across the wholesale distribution marketplace. Reach him at eric@mdm.com or 720-207-0335.
Posts By Eric Smith
Iowa-based electrical distributor boosts portfolio by adding Wichita, Kansas-based, single-branch company in an asset sale.
These small additions to the Swedish manufacturer will become part of the service division within Atlas Copco’s Compressor Technique business area.
CEO Andy Nations is retiring and will be replaced by three of the company’s third-generation family members — Brian Davis, Ben Nations and Lauren Lanter — as co-CEOS.
Chemical distributor names James Holcomb to key executive role.
PPG acquires VersaFlex from the private equity firm DalFort Capital Partners.
Kaman Corp. adds chief operating officer and chief marketing officer to executive team.
Landscape supply distributor SiteOne looks just outside Atlanta metro area with addition of Dirt and Rock LLC.
Applied’s addition of Massachusetts-based Gibson Engineering Company Inc. should boost distributor’s automation offering.
The December PMI registered 60.7%, an increase of 3.2% from the November reading of 57.5% and an eighth consecutive month of expansion.
The final month of a tumultuous year brought a flurry of activity to wholesale distribution with 34 deals reported in MDM. Our M&A Roundup has the details you need.
Latest addition for the actively acquisitive US LBM is the building products dealer and manufacturer Gilcrest/Jewett Lumber Co., which has five locations across Iowa.
Buying group announces the completion of the previously announced mergers with SafetyNetwork and Delta Distributors.
The November figure also showed a 0.9% improvement from the revised October estimate; year to date, construction spending is up 4.4%.
Private equity firm strikes again with the $420 million purchase of Ferguson’s UK-based heating and plumbing distribution business.
DXP expand portfolio with the strategic acquisitions of Total Equipment Co., APO Pumps & Compressors (including Corporate Equipment Co.) and Pumping Solutions Inc.
New building materials juggernaut becomes official as companies with combined annual sales of $11.7 billion complete all-stock merger transaction.
Company promotes Lori Snyder to vice president, human resources, and Amelia Murillo to a new senior finance position.
After announcing its intention to exit the business, Hillenbrand unloads its Red Valve business for $63 million.
Wajax's addition of Alberta-based distributor for C$99.1 million (US$77.7 million) is expected to “provide meaningful growth in the corporation’s Engineered Repair Services and industrial parts categories.”
