Announced

Relevant Industrial to acquire Rawson/ICD.

Synopsis

Relevant Industrial, a value-added distribution and service company, agreed to acquire Rawson/ICD, a product solutions designer. Financial terms are not disclosed. "Our company's commitment to an exceptional customer experience and success for our supply partners will be amplified with the addition of Rawson/ICD to the Relevant Industrial family. They have a customer-centric culture that directly aligns with Relevant's mission. Additionally, Rawson/ICD's recent performance shows that customers value their focus on cutting-edge solutions, which provides opportunities for growth for our suppliers and team members – a perfect fit with Relevant's values," John Carte, Relevant Industrial CEO.

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