The proposed transaction is valued at $29 billion.
Latest In Electrical
Unified companies to have more than $1.2 billion in annual revenue.
Fourth-quarter sales increased 8.4 percent year-over-year.
Tammy Livers has over 20 years of experience in the electrical industry.
Member sales up 11 percent for first nine months of year.
For the first nine months, sales were up 2.5 percent year-over-year.
Total group sales were up 2.1 percent in the first nine months.
Year-to-date sales increased 9.7 percent year-over-year.
Fourth quarter sales increase 51.8 percent year-over-year.
Year-to-date, sales were $5.9 billion, up 3 percent.
Apache is a distributor of industrial hose and belting, specializing in fabrication of belts, hoses and cut and molded products.
The acquisition will help further position the company as a provider for pipeline operations management.
The warehouse and distribution center will serve as the primary shipping facility for southeast Florida.