Descartes acquired GroundCloud for up-front consideration of approximately $138 million, satisfied with cash on hand.
Latest In Mergers & Acquisitions
The company will be reported within Seco, a division within Sandvik Manufacturing and Machining Solutions.
The assets include 7 retail locations and a recently expanded fill plant and specialty gas laboratory in the Dallas-Fort Worth area.
M&A deals involving building supply facilities fell from 178 in 2021 to 164 in 2022, with lumber companies accounting for the most activity last year.
It's the fourth acquisition of 2023 for Envoy.
The two acquisitions support Auxo's recent purchase of Golden State Supply, another wire and cable manufacturer.
CVS specializes in maintenance, repair and modifications for various types of valves.
Duro-Last reported net sales of $540 million in a 'highly profitable' North America roofing market, Holcim said.
A rebrand will include enhanced marketing, developing a sales team and modernizing the website, ERP and CRM infrastructure.
Coburn Supply Company says it plans to implement a complete rebrand of the new plumbing branches.
Envoy announces its third acquisition of 2023 after making 16 acquisitions in 2022.
The combination creates a 'premier regional platform' serving Utah, Colorado, Arizona and Idaho, Shorehill Capital said.
Analysis of the latest M&A deals and exclusive results from the 4Q22 Baird-MDM Industrial Distribution Survey highlight January's report.
ARCH Cutting Tools has acquired Cincinnati-based Custom Carbide Cutter Inc.
The deal — originally announced in November 2022 — allows for the unit to go forward operating as RONA Inc.
The distributor of fire protection and safety products continues to expand aggressively after making 23 acquisitions in 2022.
Matco-Norca will continue to operate separately as a wholly-owned subsidiary of NIBCO INC., according to a news release.
The acquisition is MCE's eighth since 2021.
Dynabrade has expanded the scope of its vertical integration by acquiring one of its strategic suppliers, Global Abrasive Products.
The distributor of foodservice packaging and janitorial supplies serves the greater Fresno market in central California.
