Cummins-Wagner Acquires F.R. Mahony & Associates

Cummins-Wagner Acquires F.R. Mahony & Associates

Cummins-Wagner Co. Inc., an Annapolis Junction, Maryland-based distributor, announced this week it has acquired F.R. Mahony & Associates Inc. Financial terms of the deal weren’t disclosed.
Cummins-Wagner Co.

Cummins-Wagner Co. Inc., an Annapolis Junction, Maryland-based distributor, announced this week it has acquired F.R. Mahony & Associates Inc. Financial terms of the deal weren’t disclosed.

Cummins-Wagner is a distributor of municipal water and wastewater equipment, industrial process equipment and HVAC equipment in the mid-Atlantic region. FRMA specializes in small wastewater systems from single-family homes to very large systems for commercial and municipal projects.

The company said the transaction is a “key part of Cummins-Wagner’s business strategy of steady, manageable growth through market penetration and acquisition.

“The combination of Cummins-Wagner and FRMA creates a Company with greater scale and resources to continue and expand our ability to provide experienced engineered sales & service in water and wastewater treatment applications,” said Doug Ardinger, president and CEO of Cummins-Wagner.

“Teaming up with Cummins-Wagner brings stability for the future of the company,” said Ed Quann, President of FRMA. “It will provide resources to ensure FRMA will continue to grow and continue to thrive.”

All of FRMA employees have transferred over and will become part of Cummins-Wagner’s 100% Employee Stock Ownership Plan (ESOP).

“The ESOP is a tremendous benefit and we are excited to have FRMA personnel become fellow employee owners and participate in the future success of the company,” said David Palmer, VP/CFO of Cummins-Wagner.

Related Posts

  • Brady acquires Campbell Paper

    Addition of Fort Worth-based janitorial, packaging and office supply distributor will enhance and expand Brady’s…

  • Snap-on 1Q 2022 sales earnings

    The addition of AutoCrib further expands Snap-on’s offering of tool control and productivity solutions for critical…

  • Harrington Industrial Plastics

    Harrington Industrial Plastics announced that it has completed the acquisition of Aetna Plastics in partnership…

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!