Inside Long Island Business
Get the latest news and trends on Long Island companies and the people behind them.
MSC Industrial Direct to buy distribution business
Photo credit: Newsday / J. Conrad Williams Jr.
MSC Industrial Direct Co., the Melville-based distributor of industrial supplies and one of the largest public companies on Long Island, said Friday it will acquire the North America distribution business of the Barnes Group in a $550 million deal.
MSC, which is the area's seventh biggest public company by revenue, will finance the deal with available cash and a loan under a new line of credit,...
Read more »Henry Schein acquires Maddox Practice Group
Photo credit: Ed Betz, 2012
Henry Schein, the Melville-based supplier of dental and health products, said Monday it had acquired Maddox Practice Group, a dental transitions business in California.
Terms of the deal, including the purchase price, were not disclosed.
Maddox will be incorporated into a division of Henry Schein Financial Services to provide dental practice brokerage services, practice valuation and...
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