M&A activity slowed somewhat in February, but the month wrapped up on an announcement that will likely draw eyes from across the distribution industry.
Latest In Mergers & Acquisitions
The middle-market private equity firm reached a deal to acquire supply chain solutions company Vallen Distribution from the Sonepar Group.
With the acquisition, Relevant Industrial, LLC will have more than 400 employees at 35 locations throughout the U.S.
American Equipment Holdings says the deal, its sixth acquisition since May 2021, will further its national growth strategy.
The global provider of security solutions and security and audio-visual products announced it has acquired the California-based company.
The company says the rebranding will unify its growing team under one name to ‘better demonstrate our consolidated North American presence.’
The private equity firm acquired Benoist Brothers Supply Co., a Midwest-based regional distributor of HVAC/R equipment, parts and supplies.
The company completed its acquisition of the Maryland-based fresh produce distributor in a deal that previously was announced in December.
SaaS provider Descartes Systems Group announced it acquired NetCHB, a U.S. provider of customs filing solutions.
National automation distributor Kele added to its portfolio, while Midwest electrical manufacturer rep Lester Sales entered new markets. Here are some takeaways that resonate with M&A trends across all product sectors.
Motion Industries President Randy Breaux shares details on how the deal came together, synergies and future growth opportunity in this deeper dive into the $1.3-billion transformative acquisition combining the No. 1 and No. 3 power transmission/motion controls distributors in North America.
The supplier of commercial supplies, equipment, consumables and expertise to specialty contractors announced the acquisition this week.
The Philadelphia-based global hygiene and health company acquired a U.S.-based cleaning and wiping company and manufacturer.
SBP Holdings completed the sale of Bishop Lifting Products, a group of value-added distributors of lifting products and specialty rental equipment.
The distributor of heating, ventilation, air conditioning and refrigeration products announced earlier this month it had closed the purchase.
Owens & Minor agreed to acquire Apria for an equity value of about $1.45 billion, just one week after Motion Industries completed its $1.3-billion purchase of Kaman Distribution Group.
The New Jersey-based full-line supplier has acquired State Industrial Supply Company, an industrial distributor headquartered in Seymour.
Cebeo, an electrical distributor and member of the Sonepar Group, has acquired Belgian company Electro Meers.
The home appliance, HVAC and plumbing repair parts distributor made a deal to acquire the company from Ridgemont Equity Partners.
The Tacoma, Washington-based MRO distributor says it has reached a deal to acquire supply firm JLM Industrial Supply.