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DXP Acquires Hartwell Environmental in Texas
Houston-based pumping solutions and industrial supplies distributor DXP Enterprises acquired Hartwell Environmental Corporation. The agreement was signed Sept. 1. DXP funded the acquisition of Hartwell...
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Graybar’s Cape Electrical Acquires Power Supply in TN
Electrical supply distributor Cape Electrical Supply — a wholly owned subsidiary of Graybar — acquired Power Supply Company. Terms of the transaction were not disclosed. Chattanooga, TN-based Power...
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Veritiv to Buy Orora Packaging for $1.2B
Packaging supplies manufacturer and distributor Vertitiv is set to acquire the North American unit of Orora Group — Orora Packaging Solutions (OPS) — for $1.2 billion USD. Buena Park, CA-based OPS is a...
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TIPCO Acquires Charter Industrial Supply in San Diego
Fluid solutions distributor TIPCO Technologies acquired Charter Industrial Supply. Terms of the transaction were not disclosed. San Diego, CA-based industrial supplies distributor Charter Industrial...
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Sonepar to Acquire Summit Electric in Southwest Splash
Sonepar’s aggressive expansion continues to reach new levels. The electrical distributor announced Sept. 4 that it is set to acquire Summit Electric Supply in a move that will gain Sonepar 23 branch...
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Wolter Acquires Dedicated Material Handling in Atlanta
Forklifts, cranes and other material handling products distributor Wolter Inc. acquired Dedicated Material Handling Solutions (DMHS). Terms of the transaction were not disclosed. Atlanta, GA-based DMHS...
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PVF Distributor Lehman Pipe and Supply Gains Private Investment
Featured image courtesy of Lehman Pipe and Supply, Inc. website Private equity firm Rotunda Capital Partners has invested in Lehman Pipe and Supply Inc. Terms of the transaction were not disclosed....
View ArticleUS LBM Acquires Gregory Door & Window in CO
Building materials distributor US LGM acquired Gregory Door & Window. Terms of the transaction were not disclosed. Breckenridge, CO-based window and door distributor and installer Gregory Door...
View ArticleLL Flooring Liquidating After No Buyer Found
Flooring, flooring tools and accessories retailer LL Flooring — formerly known as Lumber Liquidators — is closing operations after it failed to find a buyer. This news comes after the company filed...
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Team Air Distributing Adds Fellow HVAC Distributor Best Choice Supply
Featured image courtesy of Team Air Facebook account Nashville, TN-based HVAC equipment, parts and supplies distributor Team Air Distributing (Team Air) acquired Best Choice Supply (BCS). Terms of the...
View ArticleBuy or Build Tech Solutions? Stellar Embraces Both
To continue reading this article you must be a paid subscriber. Subscribe to MDM Already Subscribed? Click here to log-in | Forgot your password?NAW Member? Click here to log-inThe post Buy or Build...
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Builders FirstSource Acquires Cabinetry Maker in in Texas
Building materials distributor Builders FirstSource acquired Sunrise Wood Designs. Terms of the transaction were not disclosed. Dallas-Fort Worth, TX-based Sunrise Wood Designs is a custom cabinetry...
View ArticleFastenal Posts Modest August Daily Sales Improvement
Industrial and construction supplies distributor Fastenal reported its August 2024 sales figures on Sept. 6, showing modestly improved growth month-to-month after July was its weakest growth month in...
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Flow Control Group Makes Top Leadership Changes
Flow control and industrial automation products distributor Flow Control Group (FCG) appointed David Patterson as Executive Chair and Raymond Aronoff as President and CEO. David Patterson Founder and...
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Parts Town Adds New CIO, Supply Chain Leader
Parts Town Unlimited — the parent company of OEM foodservice, HVAC and residential appliance parts distributor Parts Town — appointed Jamie Head as its Chief Information Officer and Lisa Backlin as...
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Houchens Acquires Controls Distributor H.H. Barnum
Retail, manufacturing and distribution conglomerate Houchens Industries, Inc. acquired H.H. Barnum Company. Terms of the transaction were not disclosed. Michigan-based H.H. Barnum is a distributor of...
View ArticleIntegrated Power Services Acquires ABB’s Industrial Services Unit
Electrical, mechanical, and power management systems servicer and manufacturer Integrated Power Services (IPS) acquired ABB’s Industrial Services business. Terms of the transaction were not disclosed....
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Debunking 4 Common AI Myths in Distribution
Adopting AI could increase cash flow by 122% while delaying adoption could reduce it by up to 23%. With this potential, it’s time to pay attention. Why do so many distributors hold back from adopting...
View ArticleFortive to Divest Precision Technologies Unit
Workflow solutions conglomerate Fortive Corporation (Fortive) is spinning off its Precision Technologies segment. This will create two separate, publicly-traded companies, each with focused business...
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US LBM Adds Door & Hardware Supplier Nix in DFW
Two days after announcing a similar acquisition in Colorado, building materials distributor US LBM acquired Nix Door and Hardware (Nix). Terms of the transaction were not disclosed. Fort Worth,...
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