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A potential transaction would likely be a merger of Bentley with Schneider's software business and be valued at over $15 billion.
Middle market private equity firm One Equity Partners acquires lifting, material handling and safety product distributor and manufacturer.
The distributor is adding over 1,000 new products to its current inventory of 6,000 items alongside advanced logistics solutions.
After a weak finish to 2023, the industry saw rebounds in monthly orders and shipments in the first two months of 2024.
Reading, PA-based Fromm launched an engineering and fabrication division to serve manufacturers and electrical contractors.
BlackHawk Industrial accelerates expansion efforts with two key additions to its national supply chain solutions vending operations.
Wisconsin-based tool manufacturer Snap-on posted 1Q24 sales of $1.18 million, a modest organic sales decline.
The cooperative has honored its top distributors and manufacturers for their achievements and contributions over the past year.
Former Wesco VP Shawn Hawkins will join electrical supplies distributor Rexel USA as the Gulf Central Region President.
Motion continued to see sales growth and strong renewal rates with corporate account customers, which comprise about 45% of business.
