The deal adds four established pump brands and approximately $115 million in annual revenue to Crane while expanding its position in municipal water and wastewater markets.
The deal would significantly expand Watsco’s plumbing and HVAC distribution presence across seven Northeast states.
The beverage alcohol distributor accepted responsibility for improper payments to retail employees and agreed to strengthen compliance.
The acquisition extends Descartes’ warehouse and inventory management capabilities while deepening its reach into the 3PL and eCommerce fulfillment market.
Keith Rozolis will retire at year-end after leading ABC Supply since 2014. Get the details on who will take the leadership reins at the market-leading building materials distributor.
The company said the split is still on track for completing during 1Q27, preceded by separate investor days for both GPC and Motion in early December.
The waterworks infrastructure distributor returned to year-over-year sales growth as municipal demand, fire protection and large capital projects supported its fiscal second-quarter results.
MSC Industrial Supply named longtime finance executive Rob Kuhns as its permanent CFO, completing its latest C-suite transition as the distributor’s sales and profitability accelerate.
The newly unified manufacturer and distributor combines Reliable Automatic Sprinkler’s fire-protection portfolio with ASC Engineered Solutions’ pipe-joining, flow-control and structural-support products.
Daily sales growth again topped street expectations and the company’s own signalled guidance as both major manufacturing end markets and all three geographies accelerated. Get our full breakdown of the company’s August sales report.
Indiana-based Pegasus adds industrial and electronic connection products and value-added assembly capabilities to Midland Industries, which has a new CEO as of August.
Three more distributors have been identified as alleged co-conspirators in the sprawling PVC pipe antitrust litigation, doubling the distributor list since MDM’s initial coverage. Meanwhile, settlements involving manufacturers and a pricing data provider have climbed...
