Avnet Fiscal 3Q Sales Reach $6.5B
Growing demand for supply chain orchestration is ‘driving strong financial performance across our global business,’ CEO says.
Avnet Fiscal 3Q Sales Reach $6.5B Read More »
April 2022
April 2022 M&A Roundup: Distribution Activity Ramps Up to Start 2Q
The number of mergers and acquisitions in distribution/manufacturing climbed in April after plateauing during the first three months of 2022.
April 2022 M&A Roundup: Distribution Activity Ramps Up to Start 2Q Read More »
Grainger 1Q Sales Up 18%, Earnings Rise Nearly 50%
The industrial distributor reported 2022 first-quarter sales of $3.6 billion and operating earnings of $534 million.
Grainger 1Q Sales Up 18%, Earnings Rise Nearly 50% Read More »
Why Private Investment is Driving So Much of Distribution M&A, Pt. 3
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Why Private Investment is Driving So Much of Distribution M&A, Pt. 3 Read More »
Trade Deficit Jumps $19B in March
The Census Bureau says the international trade deficit was $125.3 billion in March, up from $106.3 billion in February.
Trade Deficit Jumps $19B in March Read More »
FleetPride Acquires Murray’s Diesel Repair
The truck parts and service distributor says it has acquired the assets of Murray’s Diesel Repair in Shreveport, Louisiana.
FleetPride Acquires Murray’s Diesel Repair Read More »
Sonepar Helps Develop B2B Marketplace in France
The first electrical equipment distribution marketplace for professionals in France confirms Sonepar’s ‘omnichannel ambitions,’ it says.
Sonepar Helps Develop B2B Marketplace in France Read More »
New South to Acquire American Contractors Supply
South Carolina-based New South Construction Supply, LLC says it signed a letter of intent to acquire American Contractors Supply.
New South to Acquire American Contractors Supply Read More »
L&W Supply Acquires DWS
The Chicago-based distributor acquired the assets of DWS Building Supply with two locations in Texas and New Mexico.
L&W Supply Acquires DWS Read More »
From its Expo, We Go Inside Fastenal with Dan Florness
Amid digital expansion, many distributors grew apart from customers during the pandemic. Fastenal did the opposite. In a new MDM Podcast, Mike Hockett and Dan Florness discuss how the company continues to grow closer to its customers.
From its Expo, We Go Inside Fastenal with Dan Florness Read More »
Graybar 1Q Sales Up 25% to $2.4B
In what it called ‘record’ first-quarter results, Graybar reported a 116.5% increase in net income attributable to the company.
Graybar 1Q Sales Up 25% to $2.4B Read More »
AD Names New Electrical & Industrial President
The organization says Marisol Fernandez will be returning to the company as president of its Electrical and Industrial Business Unit.
AD Names New Electrical & Industrial President Read More »
Snap-On 1Q Sales Increase 7.1%
The Wisconsin-based manufacturer reported more than $1 billion in sales and a diluted EPS of $4.00 for the first three months of 2022.
Snap-On 1Q Sales Increase 7.1% Read More »
Motion’s Momentum Goes Far Beyond KDG Addition
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Watsco 1Q Sales Rise 34%
Miami-based HVACR distributor Watsco Inc. reported 34% sales growth to a record $1.52 billion for the first three months of 2022.
Watsco 1Q Sales Rise 34% Read More »
6 Questions Distributors Can Ask to Improve Business Outcomes
How can companies enhance their bottom lines by employing better digital strategies? MDM chatted with Stellar Industrial Supply’s John Wiborg and Mass Ingenuity’s Aaron Howard during a recent webcast to answer this and similar questions facing distributors.
6 Questions Distributors Can Ask to Improve Business Outcomes Read More »
TriMas Declares Quarterly Dividend
The engineered and applied products manufacturer this past week declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock.
TriMas Declares Quarterly Dividend Read More »
Pentair 1Q Sales Reach $1B
The water treatment and sustainability provider says its 2022 first-quarter sales were up 15% compared to the same period last year.
Pentair 1Q Sales Reach $1B Read More »
Descartes Acquires Foxtrot for $4M
The Canada-based logistics provider announced it has acquired the provider of machine learning-based mobile route execution solutions.
Descartes Acquires Foxtrot for $4M Read More »
AD Given ‘Top Workplace Award’ Again
It’s the fourth straight year the independent distributor organization has been recognized as a top workplace in the Delaware Valley.
AD Given ‘Top Workplace Award’ Again Read More »
