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.
The WSJ cites bidding interest for the retail solutions provider, including CVC Capital Partners, but not good enough
prices to go ahead with a sale.
Apax put Epicor up for sale back in May, having acquired
it in 2011. May estimates had Epicor fetching between $2.5
and 3. 5 billion.