Robertson Heating Supply (RHS) is pleased to announce it has completed a definitive letter of intent to purchase the assets of MacDonald Supply. MacDonald Supply is a 55-year-old, 2nd generation distributor operating three Ohio locations in Findlay, Defiance and Bellefontaine.
Northeastern Supply announced the newest addition to the Northeastern Family located in Toughkenamon, Pennsylvania by acquisition of Jenkins & McMahon Plumbing Supply.
The Beringer Group, an independent business advisory firm, announced that its client, Delwood Supply, has finalized the sale of their company to Progressive Plumbing Supply Company.
Together with Hajoca’s philosophy of supporting teammates as they “live into their dream” and Larson’s focus on their core values of Learning, Attitude, Results, Service, Collaboration and Integrity.
As 2022 comes to a close it is now time to review my predictions from last year as well as predict ten more trends I see as we enter 2023. Just like last year, I will stay away from prognosticating about where the stock market will be at this end of the year; instead, I will stick to identifying trends that supply houses will find important in this upcoming year. With all that being said, let's jump right in and review my 2022 predictions.
Williams Distributing, Co., a distributor for heating, ventilation and air conditioning (HVAC) equipment and residential building products in the Great Lakes region, has been acquired by Daikin Comfort Technologies North America.
The locations, formerly The Wallace Organization – currently service local HVAC, Plumbing and Hydronics contractors, and hosts a kitchen and bath showroom. The new branches, located in Vineland, Bridgeton, and Ocean City will expand APR’s service area in southern New Jersey.
Marcone announced that its HVAC division, Munch’s Supply has acquired BellSimons, including its 29 branches and three distribution centers in seven states servicing the New England area. This will expand the company’s geographic footprint to 103 locations serving 18 states and the province of Ontario, Canada.
If you’re selling your business, one of the most important considerations is who to sell the business to. Before you do a deep dive, think about whether to sell to a strategic or financial buyer.
