Post-COVID-19 recovery forming in M&A
Distribution Spot On
A significant jump in distribution’s total M&A transaction value last year confirms the global market shows signs of life again, despite the cautious approach taken by companies at the onset of the pandemic when deal volume initially dropped. Oaklins’ distribution sector specialist Don Wiggins reports on noteworthy transactions and valuation trends, providing an overview of the sector’s four subgroups: healthcare, industrial & capital goods, consumer goods and food & beverage.
We spotlight Henry Schein, the world’s largest provider of healthcare products and services to dental, animal, health and medical practitioners. Comparing the global distributor’s post-COVID-19 strategy with its M&A activity when we first profiled the company in 2018, we take a look at the trends the organization views as positively affecting its market.
This edition’s case study features the acquisition of Maner Builders Supply Company, a distributor and installer of construction materials with locations in the southeast of the United States, by US LBM, one of the largest building products distributors in the United States, and STORE Capital, a provider of real estate investment trust services.