Belt Power expands in the Southwest with Phoenix-based conveyor belt and component distributor Avtech Industrial Products.
Latest In Mergers & Acquisitions
The two Michigan-based electrical and industrial products distributors are now officially members of the Sonepar family of companies.
With this acquisition, US LBM now operates 12 locations in Northern California, including three structural component manufacturing facilities.
It’s already the company’s eighth acquisition announced in 2024.
The acquisition of General Machinery expands MCE's territory coverage and deepens its automation and rotating equipment solution offering.
TricorBraun will expand its Australia and New Zealand footprint, which it first established through acquisition in 2021.
Pomona, CA-based Howard & Sons distributes a range of wallboard and steel framing products in Southern California.
Irvine, CA-based Dynamic Solutions will strengthen Valin's robust motion control and automation product portfolio.
GPC will promote William Stengel to CEO in June and has completed the acquisition of Illinois-based Motor Parts & Equipment Corp.
It’s the distribution group’s first acquisition since it was formed by Trive Capital at the end of 2023.
By the number of deals tracked, it was another average month and a deceleration from a frenzy of M&A news in December & January.
The company also is acquiring a 13-branch distributor in France.
Two automotive parts makers have merged to diversify the customer base for their precision machined parts and flow- and cold-formed products.
Originally announced this past July, the deal was valued at $960 million.
The deal was originally announced on September 14, 2023.
A potential transaction would likely be a merger of Bentley with Schneider's software business and be valued at over $15 billion.
PTE Drives is a family-owned power transmission & bearings products distributor with a single location.
It comes just a week after the construction supplies distributor announced an acquisition in Oklahoma.
Adding five branches across Nebraska, Iowa and North Dakota, it's the fourth acquisition Beacon has announced in 2024.
The addition of Texas-based wire and cable maker Encore Wire will enhance Prysmian's North American presence and product portfolio.
