Pentair Sales Increase 9% in 2022
The water treatment company attributed the year-to-year growth to the performance of its two business segments.
January 2023
GMS Adds Battery-Powered Hydraulic Cranes to Fleet
GMS has added several material-handling trucks equipped with battery-powered hydraulic cranes to its distribution fleet.
MDM Podcast: MSC Says Acquisitions Aren’t Just Business, They’re Personal
As a primer to MDM's Feb. 22-23 Virtual M&A Summit, we chat with MSC Industrial Supply leaders Erik Gershwind and Jim Drohan about the company's recently aggressive M&A strategy.
January M&A Roundup: 2023 Kicks Off with Nearly 50 Deals
The pace of M&A activity accelerated in January, as industrial distributors and manufacturers reported four-dozen deals to start the year.
Applied Launches New Master Product Catalog
This new full-line catalog features more than 47,000 products specifically selected for Maintenance, Repair, Operations customers.
AD 2022 Member Sales Jump 28%
During 2022, AD’s membership grew to 866 separately owned independents across 14 divisions and three countries.
Wesco Unveils New ‘Wesco Anixter’ International Brand
The new international Wesco Anixter brand represents the combined organization across its CALA, EMEA and APAC regions.
Caterpillar 4Q 2022 Sales Rise 20%
Full-year sales and revenue also increased 17% over the prior year, the heavy equipment maker said in a Jan. 31 announcement.
Timken Acquires Linear Motion Supplier Nadella
Timken has agreed to acquire Nadella Group, a manufacturer of motion technology based in Italy.
Crosby Group, Kito Corp. Complete Lifting & Rigging Merger
Merger plans were first announced in May 2022, and the combined business will be known as Kito Crosby.
4Q Survey: Distributors Lay Out 2023 Digital Priorities
Baird and MDM polled distributors about what digital projects they’ll prioritize this year. Read the exclusive analysis and commentary here.
Field Fastener Merges with Ohio-Based Mid-State Bolt & Nut
Mid-State Bolt & Nut will be known as a "division of Field" moving forward, the company said.
Rexel Makes 2 Additions in North America, Divestment in Norway
Since the start of 2021, France-based Rexel has acquired approximately $1.85 billion of sales via 10 transactions.
SRS Distribution Acquires Marsh Building Products
SRS has acquired Marsh and its eight locations in Ohio and Kentucky.
QuickTake: Private Label Outlook for 2023
In our latest QuickTake Podcast, Dorn Group's James Dorn shares how he sees a perfect storm brewing for private label investment as softening inflation and supply chain pressures add tailwinds to its equation.
Flow Control Holdings Acquires Distributor Andron Stainless
Flow Control Holdings, a portfolio company of Audax Private Equity, is expanding into Canada with its acquisition of Andron Stainless.
IWDC Announces 13 Vendor Additions
The latest additions include a supplier of welding filler metal consumables and a provider of succession planning resources.
Galco Acquires Ohio Automation Distributor Zesco
Zesco specializes in the drives, motion control and automation industry and serves customers in Ohio, Pennsylvania and West Virginia.
Distributor Air Conditioning Specialist Expands in NC, TN
The acquisitions include Winston-Salem, North Carolina-based P-F Plumbing and Murfreesboro, Tennessee-based Precision Air.
Bostwick-Braun Appoints Hardware Unit Leader
The distributor of hardware and industrial supplies promoted Rob Dilts to Vice President of Operations & Supply Chain.
