Beijer Ref’s Post

“This year’s Top 100 ranking highlights just how big a deal mergers and acquisitions are in the electrical market. By our count, more than 60 firms previously ranked on our list since 1980 have been acquired.” Always insightful information in this annual Electrical Wholesaling top rankings report. Special shoutout to Jim Lucy…I know this can’t be an easy report to pull together! #sonnhalterb2t #electricaldistribution

Johnson Controls has announced the sale of its Air Distribution Technologies business to TrueLink Capital. This strategic move aims to streamline Johnson Controls' focus on core areas while enabling TrueLink Capital to expand its portfolio. The transaction is expected to benefit both companies by enhancing operational efficiencies and growth opportunities. Learn more about how this sale will impact the industry and future business strategies. https://lnkd.in/giE6W2BV #JohnsonControls #TrueLinkCapital #BusinessSale #AirDistribution #StrategicMove #BusinessGrowth #TechNews #OperationalEfficiency #IndustryNews #CorporateStrategy #UnderstandingEnterpriseTech #EnterpriseTechnologyNow #EnterpriseTechnologyToday

Exciting news in the HVAC industry as Kian Capital-backed Team Air Distributing completes the acquisition of Best Choice Supply, a well-established player in the Lexington and Somerset, KY regions. This move signifies not just a simple acquisition, but a strategic step towards enhancing Team Air's product offerings and capabilities. With BCS's expertise in providing high-quality service and products, Team Air is set to strengthen its position in the market and forge stronger customer relationships. By broadening their range of products, including custom metal fabrication, Team Air is positioning itself for unprecedented growth and success in the residential and commercial HVAC sector. The acquisition of BCS by Team Air is not just a traditional transaction, but a testament to the commitment to innovation and growth. This strategic move lays a solid foundation for future success and expansion. The merger between Team Air and BCS is a win-win scenario for both parties as it brings together complementary strengths and resources to create a powerhouse in the industry. This acquisition sets the stage for Team Air to become a one-stop destination for all HVAC equipment, parts, and supplies, catering to the diverse needs of residential and commercial contractors. In conclusion, this acquisition represents a significant milestone for both Team Air and BCS, marking the beginning of an exciting journey towards driving innovation and excellence in the HVAC sector. Stay tuned for more updates on how this collaboration will revolutionize the industry!

Adding compact all-terrain machines to their product offering is a great move. On the defense side, there's great potential if autonomy is integrated or installed through appliqué kits.

Huge news for the #electricalsupply market, as Affiliated Distributors (AD) is set to merge with IMARK Electrical ! Check out our coverage of the announcement, now updated with reactions from a pair of industry experts on the market impact of the combination. https://lnkd.in/e3DmzrgK #electrical #electricaldistribution #distribution #industrialdistribution #industrialsupply

You can tell when it's getting to the end of the quarter in the electrical industry. Not only are salespeople with publicly held manufacturers pushing to close deals (need to make the quarter), but the acquisition market heats up! Last week Graybar announced they acquired Blazer Electric Supply Company 2.0 Today, CED announced that it acquired Parrish-Hare / Power-House Electrical Supply sharing ... "CED has acquired certain assets of Parrish-Hare Electrical Supply located in Irving, Texas. Parrish-Hare's four locations (Irving, Haltom City, Midlothian, and Ennis), which operate under the names Parrish-Hare and Power-House, will operate as a separate subsidiary of CED under the continued leadership of Parrish-Hare founder Pat Hare and his team." And, in the rep / lighting agent world, Synergy Electrical Sales merged with Electric Lighting Agencies, Inc. (ELA). By my count, 15 distributor, rep and lighting agent deals so far this year (see tomorrow's www.electricaltrends.com for details.) Congrats to all ... and who's next (and yes, we've heard of others coming, possibly by the end of the quarter.) Industry consolidation continues to roil the market and is could lead to changing channel dynamics. #Parrishhare #CED #graybar #blazerelectric #synergyelectrical #electricalacquisitions

Further consolidation in the building materials market as Martin Marietta acquires Bluewater industries aggregate operations 👀 This continues a trend in not only aggregates but also the cement and concrete industries. Some really active large players out there now from Smyrna to Summit/Argos in addition to this acquisition

Expansion of Daikin Applied in Germany in May 2021 through the acquisition of Berlin-based UNI-Klima. 🚀 In May 2021, Daikin Applied Germany acquired UNI-Klima. This strategic acquisition aimed at business development in Germany, particularly for after-sales and installation services. Daikin Applied has set itself the goal of becoming a company that can offer its customers not just products, but complete solutions, aiming to become the best and largest HVAC solution provider in the German market by 2025. ✨ UNI-Klima was a key component in achieving this goal, with its high level of expertise in controls, BMS, and services, as well as its organization and market position. This new acquisition means an even greater choice of market-oriented, efficient solutions for customers. 🌏 The decision to merge is part of the Daikin Group's global strategy to expand its presence and brand in the German market.

You can tell when it's getting to the end of the quarter in the electrical industry. Not only are salespeople with publicly held manufacturers pushing to close deals (need to make the quarter), but the acquisition market heats up! Last week Graybar announced they acquired Blazer Electric Supply Company 2.0 Monday, CED announced that it acquired Parrish-Hare / Power-House Electrical Supply sharing ... "CED has acquired certain assets of Parrish-Hare / Power-House Electrical Supply located in Irving, Texas. Parrish-Hare's four locations (Irving, Haltom City, Midlothian, and Ennis), which operate under the names Parrish-Hare and Power-House, will operate as a separate subsidiary of CED under the continued leadership of Parrish-Hare founder Pat Hare and his team." And, in the rep / lighting agent world, Synergy Electrical Sales acquired Electric Lighting Agencies, Inc. (ELA). By my count, 16 distributor, rep and lighting agent deals so far this year. Here's a recap of deals in the last 60 days https://lnkd.in/e4kCJEGv Congrats to all ... and who's next (and yes, we've heard of others coming, possibly by the end of the quarter.) Industry consolidation continues to roil the market and is could lead to changing channel dynamics. #Parrishhare #CED #graybar #blazerelectric #synergyelectrical #electricalacquisitions

While the Buy American and Buy America Acts may have similar names, they each contain different regulations that can have an impact on the materials you can and cannot use for certain projects. Chat with your local Rouzer Group Electrical Account Manager about what Robroy® Industries products qualify for Buy American and Buy America. #BuyAmerican #BuyAmerica #construction #electrician