MCE makes second acquisition this month with the addition of the Plymouth, Minnesota-based distributor of process instrumentation, flow control valves, actuators and related equipment.
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The transaction partially fulfills WESCO’s commitment to divest its legacy Canadian Utility and Datacom businesses in connection with Canadian law.
Specialty building materials distributor expands presence in the Minneapolis-St. Paul area.
In a deal valued at $2.8 billion, Eaton is investing heavily to expand its Aerospace business’s fuel and environmental systems offerings.
The company said this acquisition “fits strategically with the company’s portfolio of air compression technologies and operates under the trade names MD Pneumatics and Kinney Vacuum Pumps.”
The company announced in January it was selling the division to the private equity firm Clayton, Dubilier and Rice for £308 million (US$417.5 million).
Firm completes $1.4 billion acquisition of distributor from an affiliate of PE firm Lone Star Funds, which had acquired FBM in 2015 and maintained a majority ownership since the company’s 2017 IPO.
Eaton says the addition of the power and connectivity solutions provider will “enhance the breadth of our edge computing and distributed IT product portfolio.”
Swedish industrial manufacturer adds supplier of compressed air equipment and related services to its portfolio.
Hisco president: “This acquisition enables us to further expand our signature ‘fast, friendly service’ to customers throughout North America."
Consolidation continues in the building materials sector following ACS’s eighth acquisition under its current PE ownership.
Air Hydro Power is adding fellow Louisville, Kentucky-based business Uland Supply to its portfolio.
Building material distributor receives early termination of Hart-Scott-Rodino waiting period required to unload division for $850 million.
After unloading business in an asset sale, Houston Wire & Cable will use the proceeds to reduce revolver debt
By adding ABCO to its portfolio, Daikin — a manufacturer of heating, cooling and refrigerant products — will bolster its distribution capabilities in the northeast.
MHS adds certain conveyor assets of TGW Logistics Group to its portfolio.
Manufacturer follows through on plans to exits ABEL business by unloading business to IDEX for $103.5 million.
PPG’s addition of German manufacturer Wörwag will add about €220 million (US$267.6 million) to the company's top line.
Texas-based landscape distributor Heritage adds family-owned Wolf Creek Co. to its growing portfolio.
Company unloads Mississippi-based distributor for $20 million in order to reduce debt.
