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Mergers and Acquisitions
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Hayes UK Acquires Arctic Products

July 30, 2014 10:25 am | News | Comments

Hayes UK, a supplier of specialist safety, testing and servicing products to the plumbing and heating industry, has acquired Leeds-based Arctic Products, in a deal that will create the leading player in the British market.     

XOP Logistics Acquires New Breed Logistics, Completes ACL Acquisition

July 30, 2014 10:17 am | by XPO Logistics, Inc. | News | Comments

XPO Logistics, Inc. has announced that it has entered into a definitive agreement to acquire New...

Stamp-Rite Steel Stamps Division Acquired By Durable Mecco

July 29, 2014 10:12 am | News | Comments

Durable Mecco, a leading manufacturer of industrial marking equipment, announces the acquisition...

Quality Products Inc. Announces Acquisition

July 29, 2014 10:12 am | News | Comments

Quality Products, Inc., a manufacturer and distributor of aircraft ground support equipment,...

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Obama Wants Limits on U.S. Company Mergers Abroad

July 24, 2014 9:53 am | by The Associated Press | News | Comments

President Barack Obama is tapping into growing misgivings about tax-driven overseas mergers by U.S. corporations, issuing a new call to end the practice quickly and questioning the patriotism and citizenship of those companies.    

Peerless Industrial Sold to KITO Americas

July 24, 2014 9:18 am | by Industrial Distribution Staff | News | Comments

KITO Corporation said it acquired Peerless’ shares for approximately $80 million, including an estimated $3 million advisory fee.                    

Acklands-Grainger Announces Agreement to Acquire WFS Enterprises Inc.

July 21, 2014 8:45 am | by Acklands-Grainger | News | Comments

Acklands-Grainger, Canada’s largest distributor of industrial, safety and fastener products, today announced its agreement to acquire WFS Enterprises Inc., a leading distributor of tools and supplies to industrial markets in Southern Ontario and select U.S. locations.

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Muller To Operate Under Signode Industrial Group

July 17, 2014 10:40 am | by Muller | News | Comments

Muller, a leading manufacturer of load containment solutions, has announced the finalization of the acquisition to the Carlyle Group. Muller will now operate as a stand-alone business under the Signode Industrial Group.     

Bri-Chem Sells All Steel Pipe Division Assets

July 17, 2014 9:52 am | by Bri-Chem Corp. | News | Comments

Bri-Chem Corp. is pleased to announce that it has completed the sale of its Steel Pipe Manufacturing division and Steel Pipe Distribution division.                 

Albemarle To Buy Rockwood In $6.2B Deal

July 16, 2014 11:10 am | by The Associated Press | News | Comments

Specialty chemicals company Albemarle is buying counterpart Rockwood Holdings Inc. in a cash-and-stock deal valued at about $6.2 billion.                   

APR Supply Co. To Acquire W.G. Balph Company

July 16, 2014 10:42 am | News | Comments

W.G. Balph Company is a plumbing, heating and HVAC distributor founded in 1926 by Bill Ralph.                           

3M To Buy Subsidiary Stake

July 16, 2014 10:28 am | by The Associated Press | News | Comments

3M will take full control of its Sumitomo subsidiary by acquiring the 25 percent of the company that it doesn't already own for $885 million.                  

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HighJump Software Acquired By Rival Accellos

July 16, 2014 10:12 am | News | Comments

HighJump Software, a Bloomington, MN firm that pioneered warehouse management and logistics software, has been acquired by a Colorado-based rival, Accellos Software.              

HEXPOL Acquires Kardoes Rubber

July 15, 2014 10:52 am | by Business Wire | News | Comments

HEXPOL has signed an agreement to acquire the business of Kardoes Rubber Co. from the founder Mr. Frank Kardoes and his family.                     

Binkelman Acquires Bornell Supply

July 14, 2014 10:10 am | News | Comments

Binkelman Corporation is pleased to announce the acquisition of Bornell Supply with locations in both Lima and Piqua, Ohio.                     

Ryan Herco Flow Solutions Acquires Barnes Industrial Plastic Piping

July 14, 2014 10:04 am | News | Comments

Ryan Herco Flow Solutions, the leading specialty distributor of flow solutions for mission critical fluids, has announced that it has completed the acquisition of Barnes Industrial Plastic Piping headquartered in Tampa, Fla.     

Corporate Marriages: How To Avoid Divorce

July 10, 2014 3:07 pm | by Nissan | Blogs | Comments

Renault-Nissan Alliance CEO Carlos Ghosn takes a look at why so many joint ventures, partnerships, alliances and mergers fail — especially in the auto industry.                

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Airgas Acquires Abbott Gas Products

July 10, 2014 2:20 pm | by Abbigail Kriebs, Associate Editor | News | Comments

Abbott has 26 associates and three service locations in Jamestown, Olean, and Hornell. The company will become part of Airgas’ Northeast distribution region.                

Field Fastener Has Merged With HRS Logistics

July 10, 2014 2:12 pm | by Field Fastener | News | Comments

HRS Logistics is a global provider of fasteners and other “class c” items servicing customers throughout the South/Southwest and in Mexico.                    

Jack Keough: Industry Consolidation Said To Be Increasing

July 10, 2014 12:13 pm | by Jack Keough, Contributing Editor | Articles | Comments

Distribution could be in the midst of a consolidation phase. Industrial Distribution’s latest Annual Survey of Distributor Operations, for example, shows that 25 percent of industrial distributors would be agreeable to accepting a buy-out offer, up from 19 percent last year.

Hisco Inc. Acquires A Division of STI Electronics, Inc.

July 10, 2014 12:06 pm | by Hisco | News | Comments

STI is a full-service, total solutions partner that provides advanced engineering and analytical lab support, training materials and services, and distribution solutions for the electronics industry.           

Sonepar Has Acquired BTF-Group In Germany

July 10, 2014 9:21 am | by Sonepar | News | Comments

This new acquisition represents a major step forward for Sonepar Deustchland as the BTF Group is a well-known player in Germany generating annual sales of 50 million euros with 194 associates.          

Thorpe Specialty Services Expands to Western Canada with Clayburn Refractories Acquisition

July 9, 2014 4:11 pm | by The Associated Press | News | Comments

Clayburn Refractories provides Western Canadian industrial operations with corrosion and refractory supply, installation, and design services. The company has a broad base of clients and business throughout the provinces of British Columbia, Alberta, and Saskatchewan. 

Lewis-Goetz Acquires Advanced Sealing

July 8, 2014 9:38 am | by Lewis-Goetz | News | Comments

Advanced Sealing is a full-spectrum manufacturer and distributor of fluid sealing products to refining, chemical processing, power generation, and wastewater treatment facilities.            

Gallagher Fluid Seals Acquires Johnson Packings

July 7, 2014 10:35 am | by Gallagher Fluid Seals | News | Comments

Gallagher Fluid Seals has acquired Johnson Packings and Industrial Products of East Longmeadow, MA, one of New England’s largest distribution and fabrication companies.               

ElectroCraft, Inc. Acquires Hansen Corporation

July 2, 2014 11:57 am | by ElectroCraft | News | Comments

Hansen Corporation is a manufacturer of a variety of DC motors, synchronous motors, and clock movements.                          

Applied Completes Acquisition Of Knox; Adds Acquisitions In Mexico & Australia

July 2, 2014 9:47 am | by Applied Industrial Technologies | News | Comments

Applied completed the previously announced acquisition of Knox Oil Field Supply and announced it has acquired Rodamientos y Derivados del Norte S.A. de C.V. (RODENSA) of Monclova, Coahuila, Mexico, and Great Southern Bearings and Northam Bearings (GSB/Northam) of Western Australia.

Regal Beloit Corporation Announces Acquisition of Benshaw, Inc.

July 1, 2014 10:09 am | by Regal Beloit Corporation | News | Comments

Benshaw Inc. is a leader in custom low and medium voltage drives and soft starters with estimated annual revenues of approximately $60 million.                  

PPG Buying Comex For $2.3B

July 1, 2014 10:04 am | by PPG | News | Comments

Paint and coatings maker PPG Industries is buying Consorcio Comex SA de CV for $2.3 billion to help bolster its architectural coatings presence in Mexico and Central America.                             

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