Veritiv 2022 Net Income Rises 133% Over Prior Year
Despite 4Q net sales dropping 10.8% from the prior year, full-year 2022 net income was $337.9 million, the company said.
Veritiv 2022 Net Income Rises 133% Over Prior Year Read More »
February 2023
Mallory Safety Acquires JG Tucker & Son in Los Angeles
JG Tucker & Son has been a distributor of safety products in the Los Angeles area since 1929.
Mallory Safety Acquires JG Tucker & Son in Los Angeles Read More »
February M&A Roundup: Pace Slows in Still-Impressive Month
After almost 50 deals in January, MDM highlighted just 29 during February, which still would have been a relatively high amount during any month over the past few years.
February M&A Roundup: Pace Slows in Still-Impressive Month Read More »
Builders FirstSource Nets $22.7B in 2022 Sales Despite Slower 2H
The company’s sales slowed considerably in the second half of the year amid tougher comps and a slumping single-family housing market.
Builders FirstSource Nets $22.7B in 2022 Sales Despite Slower 2H Read More »
Airline Hydraulics Expands Phoenix Contact Sales Territory
Local industrial automation users will see increased Phoenix Contact product availability, and access to Airline’s eCommerce website.
Airline Hydraulics Expands Phoenix Contact Sales Territory Read More »
Saint-Gobain Reports 15.9% Sales Growth in 2022
France-based Saint-Gobain saw the Americas become its largest region in terms of operating income in 2022.
Saint-Gobain Reports 15.9% Sales Growth in 2022 Read More »
Top Distributors Point to Strong Demand as Forecasted Downturn Pushes Out
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Top Distributors Point to Strong Demand as Forecasted Downturn Pushes Out Read More »
Hospeco Brands Acquires Wipes Maker Innocore in Canada
Hospeco said the deal complements its already-robust wipes offering and expands the manufacturer’s North American footprint in that market.
Hospeco Brands Acquires Wipes Maker Innocore in Canada Read More »
Bunzl Announces 2 Acquisitions, 17.1% Revenue Growth in 2022
The London-based distributor of foodservice and packaging products announced it has made acquisitions in Germany and Canada.
Bunzl Announces 2 Acquisitions, 17.1% Revenue Growth in 2022 Read More »
January U.S. Durable Goods Orders Flip to 4.5% Monthly Decrease
Driven by a sizable decrease in transportation equipment, it followed a strong 5.1% increase in December.
January U.S. Durable Goods Orders Flip to 4.5% Monthly Decrease Read More »
Beacon’s Net Profit Surged Nearly 90% in 2022
We break down the building supplies distributors’ 4Q and full-year financials, which included a company-record $8.4 billion in 2022 sales.
Beacon’s Net Profit Surged Nearly 90% in 2022 Read More »
QuickTake: Three Gap-Makers in 2023
MDM’s Tom Gale and IRCG’s Mike Marks discuss three things — talent inertia, artificial intelligence and culture — that are defining the competitive landscape of 2023.
QuickTake: Three Gap-Makers in 2023 Read More »
FleetPride Acquires TAM Truck & Trailer Service in Georgia
It’s FleetPride’s second deal of the year after making 10 acquisitions in 2022.
FleetPride Acquires TAM Truck & Trailer Service in Georgia Read More »
Amazon Launches OEM Auto Parts Store
The move looks to help Amazon keep pace with the well-established eBay Motors marketplace.
Amazon Launches OEM Auto Parts Store Read More »
HARDI Distributors See 9.7% December Revenue Increase
HARDI distributors’ total sales growth in 2022 was 18.8%, according to the report.
HARDI Distributors See 9.7% December Revenue Increase Read More »
Kimball Midwest Garners Training Leadership Recognition
The MRO distributor was one of 105 recipients of a Training Magazine award.
Kimball Midwest Garners Training Leadership Recognition Read More »
Amazon to End Contracts with European Distributors
The decision to bypass wholesalers is the latest in a series of cost-cutting measures implemented by Amazon CEO Andy Jassy.
Amazon to End Contracts with European Distributors Read More »
Quantum Costing: The Better Alternative to ABC (and the Cost Model You Always Wanted)
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Quantum Costing: The Better Alternative to ABC (and the Cost Model You Always Wanted) Read More »
KDG Buy Leads Motion to 33% Sales Growth in 2022
Motion, Genuine Parts Company’s industrial segment, achieved better than $8.4 billion in 2022 sales.
KDG Buy Leads Motion to 33% Sales Growth in 2022 Read More »
5 Questions for Distributors to Ask Themselves
Sikich director Jeremy Centner discusses a range of topics that distribution execs should pay attention to in 2023, including cybersecurity, employee productivity and omnichannel.
5 Questions for Distributors to Ask Themselves Read More »
