Stellar said the deal will give the company 'an immediate and strong market presence in the Rocky Mountain region.'
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The deal, which still must be approved by Linde’s board of directors and federal regulators, could close sometime later this year.
This deal is expected to strengthen the company's plans to provide technical expertise and 'relentless' efforts to serve customers.
Holcim said the deal is expected to accelerate growth in Solutions & Products to reach 30% of group net sales by 2025.
The acquisition of Gläser & Flaschen GmbH extends TricorBraun's European presence, the company announced Oct. 7.
The company says it will move its linear and assembly technology manufacturing facility to a new location in Charlotte, North Carolina.
The deal aligns with BlueLinx's specialty products strategy and provides meaningful growth platform in the Pacific Northwest region.
The acquisition is part of Hultafors Group’s strategy to broaden its product portfolio and promote a 'Made in the USA' premium brand.
Bishop Lifting Products, which was sold by SBP Holdings in February, said the deal will expand its presence in the Pacific Northwest.
Among other cuts, the company says it is reducing flights and closing 90 office locations after projecting major revenue shortfalls.
The St. Louis-based company said fiscal 2022 second-quarter sales rose to $1.86 billion for the period ending July 31.
MDM reported more than two-dozen mergers and acquisitions during the month of August. Read about them all here.
An expert says lawsuits filed by veterans who blame hearing issues on defective earplugs could bankrupt the company, but 3M calls the interpretation ‘flawed speculation,’ according to Bloomberg.
The company announced that Leigh Dobbs has been named chief human resources officer, effective Sept. 6.
The home improvement company also reported 2022 second-quarter earnings of $3 billion, in line with prior-year results.
The electromagnetic components manufacturer said Ken May has been named corporate vice president and chief technology officer.
The association says it has hired ABB Optical Group and DHL executive Bart Tessel as chief innovation officer.
The home improvement company said its year-over-year second-quarter sales increased 6.5%, or $2.7 billion.
The Dublin, Ohio-based company also reported fiscal 2022 fourth-quarter revenue of $47.1 billion, an 11% annual increase.
LDR Growth Partners says it has acquired Cincinnati Radiator Inc. and Ohio Heat Transfer Ltd.
