Core & Main announced it has entered into a definitive agreement to acquire Pacific Pipe Company, based in Hawaii. The acquisition would mark Core & Main’s 14th transaction since becoming an independent company in August 2017.
Winsupply has completed the purchase of Simon’s Supply Co. Simon’s Supply is one of the oldest and most established plumbing and heating distributors in Southeastern Massachusetts and adjacent Rhode Island.
Dakota Supply Group (DSG) announced the acquisition of Calverley Supply Co. in an asset purchase effective July 1. Founded in 1974, Calverley Supply is a second-generation, family-owned distributor of HVAC equipment and supplies with seven locations across Michigan.
Munch’s Supply has acquired Marks Supply, including its Watermarks division, nine branches, three retail plumbing showrooms and two distribution centers servicing the province of Ontario, Canada.
Franklin Electric announced it has acquired New Aqua and its wholly owned subsidiaries, headquartered in Indianapolis, Indiana in an all-cash transaction valued at $150 million, subject to customary adjustments.
The acquisition of Slant/Fin baseboard assets brings together a major business component of two family-run companies who have always focused on consistently manufacturing and delivering superior quality, solutions-based hydronic heating equipment to residential and commercial customers across North America.
Merger and acquisition news continues to frequent the PHCP-PVF industry. Whether it be due to lack of exit strategy, financial reasons or just a desire to leave the business, making the decision to sell a company is no small feat.
