J. Bryan King has been named chairman of the companys board of directors.
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The acquisition will reinforce Sonepar leadership on the Italian B2B Electrical Distribution market to building and industry customers.
Sales for the first six months were up slightly from the same period a year ago.
The company will be part of the Medical Gas Solutions Division within the Compressor Technique Business Area.
Fourth-quarter sales up 22.2% year-over-year.
The new alignment aims to better serve global customers and markets.
Derrow founded OTC with his business partner, Phil Carstens, in 1963.
The collaboration will further enable organizations to implement data driven strategic portfolio decisions.
The center is segmented into supported technologies across a full range of passive, electromechanical, connection systems, high voltage and sensors.
The partnership will enable the companies to produce commercially available software products for license to help other oil field operators and service companies.
The openings make a total of four locations in the Dallas-Fort Worth market.
Expansion of the PVF market segment will start in the Northwest Region.
Current board members John Bergstrom and James Jenness will be retiring in 2019.
The acquisition we will increase Atlas Copcos ability to support customers in the US market through service.
Snake River Supply has four locations throughout southern Idaho.
Fourth-quarter sales increase 9.5% year-over-year.
The buying group welcomed more than 280 AD independent distributors and service providers.
Deal strengthens distributors lighting solutions and services business.
