Lincoln Electric said the addition will accelerate its Lincoln’s Higher Standard 2025 strategic goal of achieving $1 billion in automation sales.
Trumbull operates four locations across Ohio and Pennsylvania.
The deal comes after IR’s $3.59B offer to buy SPX outright was rejected in July 2021.
They mark the 54th and 55th bolt-ons for Imperial-Dade under the leadership of Robert and Jason Tillis.
ProSource operates seven plumbing, lighting and residential hardware showrooms across North and South Carolina.
PEPCO adds 10 branch locations and an expected $300 million in 2022 revenue to Sonepar, while Basin River adds a single branch.
Mike Hockett breaks down the opening keynote presentation at MDM’s SHIFT Conference, which featured plenty of new market data from McKinsey & Company.
It adds approximately $200 million in revenue and 900 employees to Timken.
The days leading up to Labor Day weekend were jam-packed with news of acquisitions, staffing announcements and other developments. Here’s a recap.
Exiger noted that the SaaS supply chain management market is expected to grow to $19.8 billion by 2025.
Offen said the acquisition further strengthens its ability to distribute major oil company-branded motor fuel to independent retailers.
Belt Power has grown significantly since Shorehill’s original 2014 investment, expanding from three branch locations to 12.
