MDM reported on 40 mergers and acquisitions among industrial distributors and manufacturers in August, the most since April.
The agreement brings together two companies that have grown via acquisitions and have appeared on MDM’s Top Distributors Lists.
The results of operations of the Delrin business will continue to be presented as discontinued operations in DuPont’s financials.
Over two days, the company says it has acquired Germany-based Flexim and Switzerland-based Afag.
It adds 18 locations and 220 employees to Border States as its first acquisition in 18 months.
AFC Industries has burst onto MDM’s Top Industrial Distributors scene after several years of frequent acquisitions. We chat with CEO Kevin Godin about how the company has successfully managed all of its recent growth.
It’s just CD&R’s latest major investment in the B2B distribution space.
The additions for the plumbing and industrial supplies distribution giant are across three different industries.
After a rollercoaster first half to start 2023, mergers and acquisitions seem to have leveled off to begin the second half.
Under the terms of the agreement, KKR will acquire all outstanding shares of Chase common stock for $127.50 per share in cash.
MDM reported 27 mergers and acquisitions among industrial distributors and manufacturers during June, representing a slight slowdown as 2Q wraps up.
The two are expected to merge operations sometime in 2024 and will operate on a combined basis as Crawford, Sonepar said.
