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Mergers and Acquisitions
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Bossard Acquires 60 percent Of Torp Fasteners

December 18, 2014 3:32 pm | by Bossard | News | Comments

The acquisition boosts Bossard's position as a supplier of high-quality fastening solutions in Scandinavia.                                         

US LBM Holdings Acquires Lumber Specialties

December 17, 2014 1:37 pm | by US LBM | News | Comments

The addition further expands US LBM's presence with the largest ...

ABC Supply Acquires Siding World

December 17, 2014 9:52 am | by ABC Supply | News | Comments

The 17 former Siding World stores join 15...

Atlas Copco To Acquire Titan Technologies

December 16, 2014 1:28 pm | by Atlas Copco | News | Comments

The addition gives Atlas Copco a provider of bolting tools, strengthening its offerings to...

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Advent International Acquires Distribution International

December 16, 2014 9:13 am | by Advent International | News | Comments

Distribution International's rapid growth over the past four years has been led by 11 acquisitions, giving the Houston-based company 64 branch locations.                           

Midway Industrial Supply Acquires Contrast Equipment

December 15, 2014 9:53 am | News | Comments

Midway bolsters its regional footprint by adding the Missouri-based spray finishing systems integrator.                                         

Emerson Sells Power Transmission Business To Regal Beloit

December 15, 2014 9:34 am | by Emerson | News | Comments

Valued at a $1.44 billion transaction, the power transmission business had a 2014 revenue of more than $600 million and has 3,000+ employees across the globe.                           

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Smith Flow Control Appoints New U.S. Distributor

December 12, 2014 9:58 am | by Smith Flow Control | News | Comments

The addition gives SFC a larger presence in the oil, gas, water, and processing industries, and strengthens its geographical presence on the West Coast.                            

Motor Manufacturer Nidec Makes 2 Acquisitions

December 12, 2014 9:46 am | by Nidec Corporation | News | Comments

The transactions strengthen Nidec's global presence, adding a foothold in the electrical pump business in Germany, and electric motor operations in China.                           

Ohio Transmission Corp. Acquires Ohlheiser

December 11, 2014 12:08 pm | by Ohio Transmission Corporation | News | Comments

The acquisition will expand Ohio Transmission's geographical reach into the U.S. Northeast in the industrial equipment market.                                   

Jet Tool Forms Partnership With Rusty Wallace Racing

December 10, 2014 5:28 pm | by JET Tools | News | Comments

JET Tools is sponsoring the #66 Ford Fusion, driven by Rusty’s son Steve Wallace, during the newly-announced Championship Auto Racing Series Tour.                             

Plumbing Distributor Ferguson Acquires HP Products

December 10, 2014 10:25 am | by Ferguson Enterprises | News | Comments

The addition gives Ferguson, a Wolseley company, a channel to supply a larger depth of product inventory for everyday items.                                    

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ABC Supply Acquires The Standard Group

December 9, 2014 1:17 pm | by ABC Supply | News | Comments

The addition expands ABC's presence in the Northeast U.S., adding five locations in New Jersey.                                             

NetPlus Alliance Adds 2 Distributor Members

December 9, 2014 12:24 pm | by NetPlus Alliance | News | Comments

North Carolina's Gamco Services and South Carolina's SteelCore Industrial join the fold at NetPlus Alliance.                                         

Saint-Gobain To Acquire SIKA

December 8, 2014 2:31 pm | by Saint-Gobain | News | Comments

A global distributor and manufacturer of building and high-performance materials, Saint-Gobain now adds a provider of construction chemicals.                               

Steel Distributor Reliance Acquires Fox Metals

December 2, 2014 3:55 pm | by Reliance Steel & Aluminum Co. | News | Comments

The addition of Houston-based Fox Metals further expands Reliance's presence in the oil and gas market.                                          

HD Supply To Sell Hardware Unit To Home Depot

December 2, 2014 9:37 am | by HD Supply | News | Comments

The two entities have a long-standing partnership, as HD Supply Hardware Solutions was The Home Depot’s 2013 Hardware Vendor of the Year.                               

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Wallboard Supply Joins US LBM Holdings

November 26, 2014 12:39 pm | by Wallboard Supply | News | Comments

Green Bay, WI-based US LBM further expands its East Coast presence with a leading wallboard, ceiling tile, and insulation distributor in New England.                           

Black Hills Gets Approval To Acquire Northeastern Wyoming Gas

November 26, 2014 9:22 am | by Black Hills Corp. | News | Comments

This acquisition demonstrates Black Hills' continuing strategy to grow its customer base by acquiring small utilities near its existing operations.                             

Video Market Report 8: More News From the Big 50, A Merger For Stellar Industrial, And Our Alibaba Event Preview

November 24, 2014 1:18 pm | by Industrial Distribution Staff | Videos | Comments

The eighth episode of Industrial Distribution's Video Market Report features M&A activity involving Stellar Industrial, bearings maker Timken, Lincoln Electric, as well as an update on Duracell. In Big 50 news, another executive retirement was recently announced involving Motion Industries, and Grainger announced its October sales numbers.

Report: Itucho Looking To Sell PrimeSource

November 24, 2014 9:58 am | by Industrial Distribution Staff | News | Comments

A Reuters report says Japanese trading house Itucho has hired JPMorgan & Chase Co. to run an auction for PrimeSource, which has attracted interest from private equity firms.                     

Synalloy Acquires Specialty Pipe & Tube

November 24, 2014 9:21 am | by Synalloy | News | Comments

Synalloy engages in a number of diverse business activities including the production of stainless steel pipe, fiberglass and steel storage tanks, and specialty chemicals.                       

Shale-Inland Announces Sale Of Fabrication, Distribution Services

November 20, 2014 9:19 am | by Shale-Inland Holdings, LLC | News | Comments

Shale-Inland will keep its industrial distribution investments focus on valve and valve actuation, stainless steel, and high nickel alloy pipe, fittings, and flanges.                        

Stellar Industrial To Merge With Advantage Machine & Tool

November 19, 2014 12:12 pm | by Stellar Industrial Supply | News | Comments

After the combination is completed, Tacoma, WA-based Stellar will have approximately 150 employees across 11 branches.                                     

Lincoln Electric Acquires RealWeld Systems

November 19, 2014 9:27 am | by Lincoln Electric | News | Comments

The addition expands Lincoln's educational and training capabilities in arc welding.                                               

Video Market Report 7: STAFDA News, M&A Activity, And A Leader In Industrial Distribution Retires

November 18, 2014 11:23 am | by Industrial Distribution Staff | Videos | Comments

Following a lengthy hiatus, the ID Video Market Report returns with its seventh episode to bring industry news including news and new products out of the STAFDA convention held Nov. 9-12 in Charlotte, NC. We also share some of the recent big mergers and acquisitions, as well as news of the changing of the guard at Fastenal.

SL Industries Divests RFL Electronics Subsidiary

November 18, 2014 10:52 am | by SL Industries | News | Comments

SL, a supplier of engineered power and motion control solutions, will concentrate on its three remaining segments: SL Power Electronics, High Power Group, and SL Montevideo Technology.                   

Bearings Maker Timken Acquires Revolvo

November 18, 2014 9:46 am | by Timken | News | Comments

As part of Timken's growth strategy over the past three years, it has acquired products and services including roller and engineered chain, lubrication systems, gearbox, generator, and motor repair services.             

ParkOhio Acquires Italian Equipment Manufacturer Saet

November 17, 2014 10:08 am | by ParkOhio | News | Comments

The addition further strengthen's ParkOhio's role as a supplier and manufacturer of induction heating capabilities worldwide.                                   

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