Rand & Co Holdings的动态

Castor and wheel manufacturer makes first acquisition ???? A castor and wheel manufacturer backed by PHD Industrial Holdings has acquired a distributor in a deal that will create the largest group of its type in the UK. The acquisition of Varley Castors of Altrincham is the first by Calne, Wiltshire-based BIL Group, and was backed by a ￡4.5 million finance package from Arbuthnot Commercial Asset Based Lending which also includes funding for further growth and acquisitions. Varley, a third-generation family business founded in 1938, employs 16 staff in Altrincham and its branch in Shropshire and supplies original equipment manufacturers and resellers nationwide. The deal will allow for the eventual retirement of Andrew Spring and Tim Batten, though they will remain in their role as joint Managing Directors and continue to lead its growth with the support of the BIL and PHD teams. Continue reading... https://lnkd.in/eCn8RsYy Hill Dickinson LLP #manufacturing #acquisitions #deals #finance #technology #innovation #growth #businessnews #businessintelligence

?? Inside Hyne's Big Move into Pallets! Hyne Group, one of Australia's leading timber companies, is moving into pallets after it acquired Express Pallets and Crates, marking a significant expansion in its business operations and enhancing its service offerings in South East Queensland. ?? Here's what you need to know: 1?? Strategic Acquisitions: Following the recent purchase of Melbourne-based Rodpak, Hyne Group has acquired Express Pallets and Crates, further integrating under the global umbrella of James Jones & Sons. This move is poised to leverage Hyne's longstanding timber expertise alongside new pallet industry capabilities. 2?? Legacy and Leadership: Geoff Walton, who has led Express for 35 years, will continue to own the Pro-Pine sawmill, ensuring a continued supply chain for Express under its new ownership. 3?? Future Outlook: Under the Hyne Group's stewardship, Express Pallets is set to benefit from increased capabilities and reach. Hyne's CEO, Jim Bindon, emphasises the importance of integrating quality businesses with solid legacies into their portfolio. ?? The acquisition represents a growth in Hyne's operations and a commitment to maintaining and expanding a legacy of quality and service in the timber and pallet industries. [Photo Credit: Supplied] ?? Explore more about Hyne Group's expansion strategy and what this means for the industry: https://lnkd.in/eA-mMv3C ??? #questionforgroup: How do you see such strategic acquisitions impacting the growth and sustainability of traditional industries like timber? Share your thoughts below! #hyne #hynegroup #timber #pallets #acquisition #manufacturing #wood #packaging #supplychain #qldpol #manufacturing #auspol #woodcentral #woodcentralau1

?? Inside Hyne's Big Move into Pallets! Hyne Group, one of Australia's leading timber companies, is moving into pallets after it acquired Express Pallets and Crates, marking a significant expansion in its business operations and enhancing its service offerings in South East Queensland. ?? Here's what you need to know: 1?? Strategic Acquisitions: Following the recent purchase of Melbourne-based Rodpak, Hyne Group has acquired Express Pallets and Crates, further integrating under the global umbrella of James Jones & Sons. This move is poised to leverage Hyne's longstanding timber expertise alongside new pallet industry capabilities. 2?? Legacy and Leadership: Geoff Walton, who has led Express for 35 years, will continue to own the Pro-Pine sawmill, ensuring a continued supply chain for Express under its new ownership. 3?? Future Outlook: Under the Hyne Group's stewardship, Express Pallets is set to benefit from increased capabilities and reach. Hyne's CEO, Jim Bindon, emphasises the importance of integrating quality businesses with solid legacies into their portfolio. ?? The acquisition represents a growth in Hyne's operations and a commitment to maintaining and expanding a legacy of quality and service in the timber and pallet industries. [Photo Credit: Supplied] ?? Explore more about Hyne Group's expansion strategy and what this means for the industry: https://lnkd.in/eA-mMv3C ??? #questionforgroup: How do you see such strategic acquisitions impacting the growth and sustainability of traditional industries like timber? Share your thoughts below! #hyne #hynegroup #timber #pallets #acquisition #manufacturing #wood #packaging #supplychain #qldpol #manufacturing #auspol #woodcentral #woodcentralau1

Metair’s acquisition of AutoZone ‘opportunistic’! JSE-listed Metair’s acquisition of financially-distressed AutoZone was opportunistic and driven by the group’s need to diversify. Metair CEO Paul O’Flaherty said the acquisition of the privately owned automotive parts retailer and wholesaler, which went into voluntary business rescue in June, was unrelated to Metair’s sale last month of Mutlu Akü, its energy storage subsidiary in Turkey, for about R1.95 billion. O’Flaherty said the acquisition of AutoZone was “quite opportunistic”, adding that it only went into business rescue on 30 June and Metair started the process to sell Mutlu Akü on 1 March. “But we knew we needed to diversify and so when we saw this opportunity, that is when we approached the BRPs [business rescue practitioners] – so it just happened simultaneously. “Once we have sold Mutlu Akü, we have got a high concentration in South Africa as a manufacturer for the OEMs [original equipment manufacturers] and we need to diversify on that. “The OEMs are good business. We have been in that for 70 years but diversification is key to us,” he said. “To go into aftermarket parts is what we understand. We think this [the AutoZone deal] is a good synergy.” #mergersandacquisitions #synergy https://lnkd.in/d_XstppR

Last week, another $600 million of independent distributor revenue was absorbed by national chains between?Border States’ acquisition of Dominion Electric?and?Sonepar’s acquisition of Standard Electric and Madison Electric, “sister” companies in Michigan. The acquisition moves Border States over $5 billion and is another stepping stone to helping the company achieve its goal of a presence in every state by 2030.?Sonepar’s entry into the Michigan market with the acquisition of Standard and Madison enables it to “complete” Great Lakes coverage. The deal is contiguous to its Ohio-based acquisitions of Richards Electric and PEPCO. While the independent ranks lost three distributors last week, two of which were IMARK members and the other an AD member,?NAED?lost three more independent distributors. Further, in Q1, and presuming no other deals are announced in the next few days, there have been 10 acquisitions in the electrical distribution market.

I have acquired 2 new businesses over the last 2 years. Vigo in in 2022. Paper Bag Co. in 2023. Both have been massively influential in the growth of Rawlings Group - but maybe not for the reasons you’d first expect. Here’s my take on how to make great acquisitions ?? I see more and more people on LinkedIn discussing “Growth by acquisition”. - More people are talking about it. - More people are attempting it. - More people are open to it. But most people have no idea where to start. They’re trigger happy and always on the hunt for deals. What what they need to be doing, is asking where the gaps are in their current businesses. Take our 2 acquisitions for example: 1/ Vigo In 2022, we knew that there was a missing piece to our solution… We needed to offer a wider range of services to our customers. Then Vigo came along. They had an excellent reputation providing equipment & machinery within the drinks space, meeting out clients needs. We knew it was the perfect business to truly create that full service solution. Both businesses took us from a simple glass packing business, to a full service solution for our clients 2/ Paper Bag Co. In 2023, we become very aware that we needed to diversify our offering to provide more sustainable packaging. Paper Bag Co filled the gap. So we enquired and started talks of an acquisition. Now, with them added to the group we have a much wider range of packaging options and a much more diversified offering. Growing through acquisition is a fantastic approach for a lot of businesses. But don’t make the mistake of thinking all acquisitions are good acquisitions. You have to find companies that: - Fill a gap for you. - Have something you need. - Plus, are at the right price point. Or at least, that’s my take!

It marks AFC Industries' first deal of 2024 after the #fasteners distributor made seven acquisitions in 2023. https://lnkd.in/gzNydsYV #distribution #industrialdistribution #industrialsupply #fastenersupply #distributors

?? HOME DEPOT to Acquire SRS! ?? As the CEO of an Independent Roofing Supply company with 6 locations, I can't help but ponder the impact of SRS Distribution Inc.'s recent announcement. SRS, a company that has thrived through its acquisition of independent distributors, is now joining forces with The Home Depot in a monumental $18.250 billion deal. This strategic move undoubtedly signals a new phase in the roofing industry. While it promises expanded capabilities and resources, I can't help but wonder about its implications for customer service. SRS has been known for maintaining the long-term relationships that they acquired through their own acquisitions. How will this culture evolve within the larger framework of The Home Depot? As we witness this significant shift - the big getting bigger, I'm curious to see how it will shape the landscape of service in the roofing industry. Change brings opportunities, and I believe that by Independent Distributors staying true to their core values, we can raise the bar in best-in-class customer service - continuing to deliver the exceptional service that Roofing Contractors deserve. Read more about the acquisition here: https://lnkd.in/gNM_k5rr #RoofingIndustry #BusinessTransformation #CustomerService #IndustryLeadership #IndependentDistributor #Nemeon #MurphysRoofingSupply #RaysRoofingSupply #ARSBuildingProducts

Discover how culture and strategic acquisitions are driving our growth and ensuring long-term success. Read more about our journey and future plans in this article from Inside INdiana Business. ?? . . . #LippertGrowth #CompanyCulture #BusinessSuccess

The Competition and Markets Authority (CMA) has initiated the second phase of its investigation into Lindab Group’s acquisition of Birmingham-based HAS-Vent Ltd. The inquiry, first launched in November last year, stems from fears that the merger could potentially stifle competition... #antitrust #construction #acquisition #competitionlaw #antitrustlaw #investigation #mergersacquisitions