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Master Distributor LindFast Acquires Manufacturer Big Bolt
Specialty fastener master distributor LindFast Solutions Group (LSG) acquired specialty fasteners manufacturer Big Bolt. Company officials said the deal offers an opportunity for the combined business...
View ArticleOSHA Settles with Amazon over Ergonomics Citations
The Occupational Safety and Health Administration (OSHA) and Amazon have settled an investigation into the latter’s ergonomic safety practices at its U.S. warehouses, both sides shared Dec. 19. OSHA...
View ArticleRelevant Industrial Acquires Loy Instrument in Indianapolis
Instrumentation and automation, rotating equipment, valve, purification and thermal equipment distributor Relevant Industrial acquired Loy Instrument, Inc. Terms of the transaction were not disclosed....
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ODP Corp. Appoints Co-CFOs
Max Hood B2B office supplies distributor The ODP Corporation announced the appointment of Max Hood and Adam Haggard to Co-Chief Financial Officers and Co-Principal Financial Officers. The company...
View ArticleDecember M&A Recap: Builders’ Deal Highlights Slower Month
MDM reported 25 transactions in December — either pending or completed — involving at least one distributor in the building supply, industrial or commercial hardgoods sectors. This figure is down from...
View ArticleNEFCO Ends 2024 Acquiring Unistrut Midwest
Construction and contractor supply distributor NEFCO has expanded its services with the acquisition of Unistrut Midwest. Terms were not disclosed, but the transaction was effective Dec. 20. Cincinnati,...
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Sonepar Sells Vallen Asia
Electrical supplies distributor Sonepar announced the sale of Vallen Asia to the latter’s leadership team in a management buyout (MBO). Terms of the transaction were not disclosed. Sonepar used to own...
View ArticlePotential Port Strike Looms Again with 2 Weeks until Deadline
East and Gulf Coast port operators and union dockworkers are up against another deadline. Will they come to an agreement by Jan. 15, or will distributors be facing another port disruption? On Oct. 3,...
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U.K. Distribution Antifriction Acquires Scotland’s Scot Bearings
U.K.-based bearings and power transmission products distributor Antifriction Components acquired Scots Bearings Ltd. Terms of the transaction were not shared, though Antifriction stated that it was a...
View ArticleApplied Completes Hydradyne Acquisition
Cleveland-based fluid power, power transmission and automation products distributor Applied Industrial Technologies ended 2024 in a big way, completing its acquisition of Hydradyne on Dec. 31. Terms...
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MSC Metalworking Leader Join’s ISA Board
The Industrial Supply Association (ISA) appointed Sara Dulski to its Board of Directors. Sara Dulski Dulski is currently the Head of the Metalworking Business Unit at MSC Industrial Supply Co.,...
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Orgill Appoints COO Amid Other Execs
Hardlines distributor Orgill appointed Clay Jackson as Vice President and Chief Operating Officer. Clay Jackson In his new position, Jackson will oversee Orgill’s purchasing and operations teams,...
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Flow Control Distributor Centro Acquires LECORP
Memphis, TN-based industrial automation, process and control solutions distributor Centro, Inc. acquired LECORP. Terms of the transaction were not disclosed. Paducah, KY-based LECORP is a distributor...
View ArticleMRC Global Enacts $125M Stock Buyback
PVF and infrastructure products distributor MRC Global announced that its Board authorized a $125 million stock repurchase, which expires Jan. 2, 2028. Through the repurchase program, the company is...
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Zebra Technologies Acquires Brightpick Warehouse Robots Maker
Lead image: Brightpick robots from Photoneo in a warehouse setting. (Image courtesy of Photoneo) Logistics provider Zebra Technologies agreed to acquire Kentucky-based Photoneo. Terms of the...
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Manufacturing PMI Rises to 9-Month High, Tops Expectations
The Institute for Supply Management released its monthly manufacturing Purchasing Managers Index (PMI) on Jan. 3, reflecting December activity, which revealed a rebound in production and a continued...
View ArticleBlocked Twice, Corporate Transparency Act Headed to Supreme Court
The Department of Justice has asked the Supreme Court to allow the Corporate Transparency Act (CTA) to move forward after conflicting court rulings paused, unpaused and then blocked its enforcement....
View ArticleAnalysis: 2024’s Industrial Distribution M&A, and 2025 Expectations
We break down 2024’s dealmaking activity by volume vs. 2023, what the most impactful transactions were, which distributors were frequent headliners and what to expect in 2025. The post Analysis: 2024’s...
View ArticleBiden Rejects US Steel Sale to Nippon Steel
Featured image courtesy of US Steel’s Facebook President Biden blocked the $14.9 billion acquisition of US Steel by Japan’s Nippon Steel, citing national security concerns after a year-long review by...
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United Electric Supply Appoints New President Among Other Leaders
New Castle, DE-based electrical supplies distributor United Electrical Supply Co. announced five leadership appointments, including a new president. Executive Appointments Tony Buonocore was promoted...
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