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Consolidation trend Feb 2024 Verified

Kele's sixth acquisition in six years signals serial roll-up of controls distributors

The ACC deal marks Kele's sixth acquisition in the last six years, indicating an ongoing roll-up strategy across industrial automation/controls distributors including Lesman Instrument Co. and A-Tech Inc.

“The acquisition marks Kele’s sixth in the last six years.”

Entities

Kele Inc. · Acquirer
HVACOther Sentiment: Positive

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