Consolidation trend Apr 2021
API to pursue further regional distributor acquisitions under Munch's
API's president stated the combined business intends to grow both organically and by potentially acquiring other regional distributors that fit its culture, signaling continued distributor consolidation.
“We look forward to working with Munch’s Supply to grow the business both organically and by potentially acquiring other regional distributors who fit with our culture of service.”
Entities
API of NH and Delta T · Subsidiary Munch’s Supply · Acquirer
HVAC
Source: www.achrnews.com
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.