Systemax Sales Climb 10.5% in 1Q
Systemax, the parent of Global Industrial, also reported first-quarter profit fell 33.7% to $5.5 million.
May 4, 2021
Goods and Services Deficit Continues to Grow in March
Year-to-date, the goods and services deficit increased $83.2 billion, or 64.2%, from the same period a year ago.
April M&A Roundup: Volume Slows but Market Remains Ripe for Deals
M&A activity continued to slow in April, but the landscape remains conducive for accelerating consolidation.
DXP Enterprises Acquires Florida Distributor
The addition of Carter & Verplanck will help DXP create a platform to scale its national water and wastewater efforts.
SiteOne Landscape Supply Acquires Florida Irrigation Distributor
SiteOne announced its second acquisition of the month and fourth of 2021 by adding Melrose Irrigation Supply and Sales to its portfolio.
Huttig’s Revenues Up 5.8% in 1Q
Building materials distributor Huttig Building Products Inc. reported first quarter net income of $8.1 million after posting a loss of $8.9 million in the first quarter of 2020.
