They mark the fourth and fifth bolt-ons for MSC in a 19-month span.
Mergers & Acquisitions
Article
Specialty Building Products to Acquire Midwest-Based Amerhart
The acquisition is expected to close in the first quarter of 2023.
Building Materials/Construction
Article
84 Lumber Founder Joe Hardy Dies on 100th Birthday
Started in a vacant basement, 84 Lumber has expanded to become the United States’ largest privately-owned building materials distributor.
On Jan. 5, the home improvement retailer unveiled three new membership tiers: Member, Elite and VIP.
Mergers & Acquisitions
Article
Sonepar Acquires Electrical Distributor NEDCO in Las Vegas
Sonepar is off to a fast start in 2023, having already made two acquisitions in the new year.
Earnings
Article
MSC Fiscal 1Q Sales Rise 12.9%
The distributor posted operating income of $116 million as it had yet another month with double-digit year-over-year quarterly sales growth.
Mergers & Acquisitions
Article
Offen Petroleum Acquires Chicago-Based Gas Depot
Gas Depot is a full-service wholesale distributor of motor fuels throughout the Midwest, including Illinois, Wisconsin, Indiana and Missouri.
Mergers & Acquisitions
Article
Masonite Acquires Fellow Door Components Supplier Endura Products
Masonite and Endura have been partners for more than 25 years in the door industry.
Mergers & Acquisitions
Article
Beacon Starts New Year with Two Acquisitions
Beacon announced the acquisitions of Whitney Building Products and First Coastal Exteriors a day apart.
Mergers & Acquisitions
Article
SureWerx Sold to Partners Group by Riverside Company
Partners Group said it will accelerate SureWerx’s growth by adding complementary new products and brands to a network of already-loyal users.
Mergers & Acquisitions
Article
Sonepar Acquires HOLT Electrical Supply in St. Louis
HOLT is expected to record sales revenue of approximately $75 million for 2022, Sonepar said in its announcement.
Economic Trends
Article
Manufacturing PMI Hits Lowest Mark Since Height of Pandemic
The well-regarded barometer of U.S. manufacturing ended 2022 on a sour note, contracting for a second-straight month to its lowest mark since May 2020 when industries were dealing with factory shutdowns.

