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For the month, MDM reported 22 mergers and acquisitions among industrial distributors, the lowest total since May.
Search Results for: Beacon – Page 7
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Beacon will create a new specialty waterproofing division as a result of the acquisition.
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The two companies on Sept. 23 jointly announced a strategic partnership and technology integration plan.
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Birte von Schwarzenfeld joins Beacon after spending the past 3.5 years in executive roles at Hilti Group.
- News
It was a notable acceleration from the building products distributor's 1Q growth, achieving company records in sales, profit and profit margin.
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Private equity and investment banks are arguably the biggest current drivers of distribution M&A activity. Read the third and final part of MDM’s recent conversation series with executives at leading financial firms behind many of the deals you’ve been reading about.
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- News
The distributor says it entered an accelerated share repurchase agreement with Citibank N.A to repurchase $125 million of Beacon’s common stock.
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The roofing material and building products distributor says it opened an OTC hub in Pico Rivera, California, and a branch in Little Chute, Wisconsin.
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2021 fourth-quarter sales increased 11.3% compared to the prior year, while net income from continuing operations was $68.1 million.
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The roofing material and building products distributor completed a divestiture of its solar products business in a sale to BayWa r.e.
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