Industrial Distribution - September/October 2014

together into one location its Nashville Branch Office and the Southern Sales Division ... Devin LeMahieu, candidate for Wisconsin 9th District Senate, recently visited Badger Tag

& Label to celebrate their
business heritage and show
support for the state’s business climate. Badger Tag & Label Cor-
poration produces tags and labels for customers throughout the
nation.

MERGERS & ACQUISITIONS Hisco Inc. expands its U.S. distribution footprint with the acquisition of the Sales and Distribution Division of STI Electronics, Inc., which provides assembly products and soldering supplies to the electronics manufacturing industry ... Field, a global distributor of fasteners and other small components, announced that Field and HRS Logistics have merged. This strategic partnership will enhance their position in the marketplace by expanding the products, services, and geographical footprint in which they service their customers ... Airgas has acquired Abbott Gas Products.

Abbott has 26 associates and three service locations in Jamestown, Olean and Hornell, NY. The company will become part of Airgas’ Northeast distribution region ... Ryan Herco Flow Solutions, a 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, FL ... Binkelman Corporation has announced the acquisition of Bornell Supply with locations in both Lima and Piqua, OH. Bornell Supply and Binkelman Corporation are members of IDC-USA ... Acklands-Grainger, Canada’s largest distributor of industrial, safety and fastener products 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 ... EIS, Inc., a wholly owned subsidiary of Genuine Parts Company, announced that it has acquired the assets of Insulation and Wires, Inc. based in Oklahoma City, OK. IWI distributes and fabricates process materials used in electrical OEM, motor repair and energy markets in the South Central Region of the USA ... In early August, Franklin Electric Co., Inc. announced that it has completed two acquisitions in India. In the first, Franklin Electric acquired 70 percent of the outstanding stock of Pluga Pumps and Motors Private Limited.

Secondly, Franklin Fueling Systems Inc. acquired 65 percent of
the shares of Wadcorpp India Private Limited, based in Mumbai,
Maharashtra, India ... Cummins-Wagner Co., Inc., a distributor of
industrial process equipment and HVAC equipment in the Mid-At-
lantic region, recently announced that it has completed its acquisi-
tion of J. L. Moore, Inc. J.L. Moore will become part of Siewert
Equipment, a division of Cummins-Wagner-Siewert, LLC ... Anixter
International Inc. announced that it has entered into a defini-
tive agreement to acquire Tri-Ed, an independent distributor of
security and low-voltage technology products from Audax Group
for a purchase price of $420 million ... Columbus, OH-based FCX
Performance, Inc., a distributor of process flow control products
and value-added services, recently announced that it has com-
pleted the acquisition of Corrosion Fluid
Products, Corp. The company has also ac-
quired Pump Energy, Inc. in a bid to grow
along the Gulf Coast ... Ingersoll-Rand plc
announced it has entered into an agreement to acquire the assets
of Cameron International Corporation’s Centrifugal Compression
division for $850 million. The acquisition is expected to close be-
fore the end of the year, subject to regulatory approval.

AWARDS

Airgas, Inc. announced that it has earned recognition as Supplier of the Year for 2013 by ChemicoMays, a Michigan-based chemical management firm. The recognition is Chemico's highest supplier rating and is awarded to only one supplier each year ... Based on its recent analysis of the warehouse management software (WMS) market, Frost & Sullivan recognizes

TECSYS with the 2014 North America Frost & Sullivan Award for Technology Innovation Leadership for enabling new levels of productivity, efficiency, cost-savings, and user-friendliness ... Orchard Park, NY-based Curbell Plastics, Inc., supplier of plastic sheet, rod, tube, film, adhesives, sealants, and prototyping materials, recently named Cast Nylons Limited (CNL) as 2013 Supplier of the Year. Cast Nylons is the premier producer of cast nylon in North America, offering 42 standard and custom product formulas to meet the needs of the most demanding applications.

Apax Partners Hold Off On Epicor Sale Apax Partners has put a hold on its sale of Epicor Software Systems, according to a recent article by the Wall Street Journal.