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.
The Detection Group (TDG), with headquarters in Sunnyvale, California, currently protects over 50 million square feet of floor space in well over 400 commercial buildings across the United States.
The acquisition expands Bradford White’s portfolio of commercial and industrial electric products to help satisfy the needs of a broader customer base and better position them for the on-going adoption of electrification initiatives in communities throughout North America.