Richmond, Virginia-based Owens & Minor Inc. (NYSE: OMI), has agreed to acquire Apria for $37.50 in cash per share of common stock, an equity value of approximately $1.45 billion, Owens & Minor announced. Owens & Minor incorporates product manufacturing, distribution support and innovative technology services. Apria is a provider of integrated home health care equipment […]
Category: Operations
Motion & Control Acquires RSA
Motion & Control Enterprises reached four acquisitions by the end of 2021 after it acquired RSA, Inc. and Global Controls, Inc., collectively known as RSA. RSA is a distributor of robotics, motion control, vision systems, PLC/HMI and safety products. Global Controls is a systems integrator that supports automation and motion control projects. The company has […]
JGB Enterprises Acquires All-Serv
Liverpool, New York-based JGB Enterprises, Inc. — a company backed by HCI Equity Partners — acquired All-Serv Industrial, LLC at the end of December. Financial terms were not disclosed. JGB is a supply chain management and logistics services distributor of industrial hose, fluid power products, and hose assembly solutions throughout a “diverse set of end […]
AZEK Acquires StruXure Outdoor
Chicago-based AZEK Company Inc., a manufacturer of low-maintenance and environmentally sustainable outdoor living products, acquired Georgia-based StruXure Outdoor Inc., a designer and manufacturer of aluminum pergolas and cabanas. Financial terms were not announced. AZEK says the deal expands its position in the broader outdoor living category and complements its “already strong portfolio of products that […]
Global Industrial Partners With OMINA
Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, says it has reached a nationwide cooperative contract with OMNIA Partners for the public sector. The new agreement “builds upon the existing private sector partnership between Global Industrial and OMNIA Partners,” Global Industrial said. “We are very excited to expand our […]
NAW CEO Gives Executive Summit Preview
With just over two weeks to go until the National Association of Wholesaler-Distributor’s first in-person Executive Summit in two years, MDM spoke with the organization’s CEO Eric Hoplin about what’s in store for this year’s conference. Themed The Future of Distribution is Now, the three-day event will take place in Washington, D.C., from January 25-27. […]
Imperial Dade Acquires Garrett Paper
Food service packaging and janitorial supply distributor Imperial Dade last month acquired Garrett Paper, a St. Louis-based distributor of foodservice and janitorial products. Financial terms were not disclosed. The deal is the 45th acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, CEO and president of Imperial Dade, respectively. “Garrett Paper has […]
HARDI Revenue Up 35.1% in November
Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly TRENDS report, showing the average sales performance by HARDI distributors increased 35.1% during November. The average annual sales growth for the 12 months through the month is 23.3%. “During the past ten years there have only been four months when sales growth was in the […]
Builders FirstSource Acquires National Lumber
Dallas-based building materials distributor Builders FirstSource, Inc. (NYSE: BLDR) completed its acquisition of National Lumber, the largest independent building materials supplier in the New England region. Financial terms were not disclosed. National Lumber runs 19 facilities and employs more than 700 people across Massachusetts, Connecticut and Rhode Island, and has a “diverse mix of products […]
Breen Appointed ISA President
The board of directors for the Industrial Supply Association unanimously appointed current Executive Vice President Brendan Breen to be the ISA’s next president. Breen will immediately assume the new role, ISA said. The role of president has been open since October, when former President Ed Gerber departed to become president and CEO of Summit Electric. […]
Rexel Finalizes Winkle Acquisition
Rexel USA, Inc. (RXL:PA), an international multichannel distributor, has finalized its acquisition of Winkle Electric Company, a Rockwell Automation distributor with branch locations in Youngstown, Ohio and Erie, Pennsylvania. Rexel says the deal will expand its presence as a leading authorized Rockwell Automation distributor and “strengthens its distribution network” in eastern Ohio, western Pennsylvania and […]
NetPlus Names New Marketing Manager
NetPlus Alliance, an industrial and contractor supplies buying group based in Lockport, New York, has hired Sebastian Habermehl as the company’s new marketing manager. Before joining NetPlus, Habermehl worked as the lead marketing specialist for Taylor Devices Inc., a manufacturer of critical damping and shock isolation solutions designed to protect buildings and structures from the […]
Singer Equities Acquires OB&E Rubber
Singer Equities, Inc., a wholly owned subsidiary of SBP Holdings, has acquired OB&E Rubber Company, headquartered in Jeffersonville, Indiana. Financial terms were not disclosed. OB&E Rubber provides heavy-duty conveyor belt accessories and field services, including installation and conveyor maintenance out of their Indiana location. OB&E serves multiple markets including power generation, aggregate, recycling and resell. […]
Motion Finalizes $1.3B Kaman Deal
Motion Industries, Inc. has completed its purchase of Kaman Distribution Group for approximately $1.3 billion in cash. The deal was finalized Monday. Genuine Parts Company last month agreed to acquire Kaman Distribution Group under GPC’s wholly owned subsidiary, subsidiary Motion Industries. The addition of KDG is expected to significantly boost Motion’s concentration in core industrial […]
Belt Power Acquires Accurate Industrial
Belt Power LLC, a Marietta, Georgia-based distributor and fabricator of lightweight conveyor system components, has completed its acquisition of Accurate Industrial Products, LLC. Financial terms were not disclosed. Accurate delivers lightweight belting products and services to customers across the country from locations in the St. Louis and Columbus, Ohio, markets. Accurate also services a wide […]
SupplyOne Acquires Romanow
Newtown Square, Pennsylvania-based SupplyOne, Inc. — an independent supplier of corrugated and other value-added packaging products, equipment, and services —acquired Romanow Container, a privately held manufacturer of corrugated products and protective packaging and distributor of industrial packaging supplies headquartered in Westwood, Massachusetts. “The acquisition of Romanow Container is SupplyOne’s first in New England and positions […]
Avnet Names New Group Leader
Avnet Inc. (Nasdaq: AVT) of Phoenix has named Dayna Badhorn its regional president for Americas electronics components. The move is effective immediately. Badhorn will oversee activities tied to Avnet’s electronics components business in the Americas and manage operations teams supporting business in the region. Badhorn, a 23-year veteran at Avnet, most recently worked as global […]
Lawson Merging with TestEquity, Gexpro Services
MRO distributor Lawson Products, Inc. (NASDAQ: LAWS) and private investment firm LKCM Headwater Investments reached a merger agreement that will allow Lawson to combine TestEquity and Gexpro Services in an “all-stock transaction.” TestEquity and Gexpro Services are currently two of LKCM Headwater’s portfolio companies. The deal will allow Lawson to combine the two companies in […]
2022 Distribution Operations Outlook: Level-Setting in a Challenging Environment
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Crawford Unveils ‘Open-Concept’ Branch
Sonepar company Crawford Electric Supply is opening a new 12,000-square-foot “open-concept” branch in Texas, the company announced. The new location, 23 miles from Austin, includes combined warehouse and counter space to allow customers to self-serve when picking material, Crawford said. Customers can walk the aisles to shop more than 2,600 SKUs of inventory and reduce […]
