Mergers, Acquisitions & Private Equity
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Olin, Huntsman Shareholders Approve $12.5 Billion Chemicals Merger
That distribution network could become a broader route to market for the combined company as Olin and Huntsman integrate their operations, although the companies have not announced specific changes to distributor agreements, territories or channel strategies.
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Optimas International Launches Acquisition Strategy Following Exponent Deal
Optimas said it is particularly interested in product-focused distributors serving specialized industrial markets.
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QXO Names a President and COO as It Integrates Acquisitions
Ken West will join QXO effective Sept. 1 and report to Chairman and CEO Brad Jacobs, the Greenwich, Connecticut-based company said Aug. 24. He will oversee QXO’s day-to-day operations.
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GrubMarket Enters U.K. With JR Holland Acquisition
The acquisition gives GrubMarket an established distribution platform in the U.K. rather than requiring the company to build a network from the ground up.
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GMS Acquires Evergreen Building Products, Expands Pacific Northwest Footprint
GMS operates more than 330 distribution centers in the U.S. and Canada, along with 100 tool sales, rental and service centers.
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MCE Acquires MJ Systems, Expands Gulf Coast Energy Business
For distributors, the acquisition is another example of how private equity-backed platforms are consolidating specialized industrial distribution markets by combining local customer relationships and technical expertise with a broader product and service network.
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EECO Acquires Foster Electric, Expands Contractor Reach in Virginia
For EECO, the strategic value extends beyond adding another branch. Foster gives the company deeper access to electrical contractors in Central Virginia, complementing EECO’s existing concentration in industrial automation and power solutions.
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Ferguson Sales Rise 4.6% as Nonresidential Business, Acquisitions Fuel Growth
Ferguson also continued an aggressive acquisition push, completing five deals during the quarter that expanded its HVAC, waterworks, commercial and industrial operations.
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Portland Bolt Acquires Threadline Products, Expands Southeast Distribution Reach
The acquisition gives Portland Bolt another distribution point on the East Coast and expands its ability to produce and deliver custom products closer to customers in the Southeast.
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DXP Enterprises Posts Strong Q2 Growth, Expands Canadian Water Business with Mequipco Acquisition
Founded in 1974, Mequipco operates three locations serving British Columbia, Alberta, Saskatchewan, and Manitoba. DXP financed the acquisition with cash and shares of common stock. Terms of the transaction were not disclosed.