MDM states: “M&A activity in the distribution and manufacturing sectors ticked upward in April. The increase in agreements comes on the heels of a relatively slow period for M&A, which followed a rapid rise in activity during the fourth quarter of 2021. Some distributors who reported record sales and profits to start 2022 cited acquisitions from last year as drivers for sustained growth. In time, we’ll see which moves from 1Q and 2Q of this year end up driving profits for companies down the road.”
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