August 2024

August M&A Recap: Second Busiest Month of 2024 So Far

Leave a Comment / Featured Main, Mergers & Acquisitions / Mike Hockett

Another active month has 2024 far outpacing 2023’s activity. Get caught up on all of August’s distributor M&A news here.

August M&A Recap: Second Busiest Month of 2024 So Far Read More »

Cardinal Health Opens At-Home Solutions DC in S. Carolina

Leave a Comment / Pharmaceutical & Health Care / MDM Staff

The 350,000-square-foot distribution center will be the largest to support Cardinal Health’s at-home healthcare medical supplies business.

Cardinal Health Opens At-Home Solutions DC in S. Carolina Read More »

PSE Group Acquires Fellow Automotive Coatings Distributor in WV

Leave a Comment / Mergers & Acquisitions / MDM Staff

With the addition of RMS Pro Finishes, PSE Group enters its 16th state and expands its footprint in the automotive refinish segment.

PSE Group Acquires Fellow Automotive Coatings Distributor in WV Read More »

Toolmaker Marshalltown to Add Kansas City DC

Leave a Comment / Consumer/Retail, Contractor, Facilities Maintenance (MRO), Manufacturing / MDM Staff

Marshalltown, which supplies tools to retailers including Home Depot and Lowe’s, will enhance its logistics capabilities with a new facility.

Toolmaker Marshalltown to Add Kansas City DC Read More »

No MDM Newsletter on Monday

Core & Main, Ferguson, Fortiline Named in PVC Price Collusion Lawsuit

Leave a Comment / Building Materials/Construction, Legal Issues in Wholesale Distribution, Manufacturing / Vesna Brajkovic

A class action lawsuit alleges that leading PVC pipe manufacturers exploited supply chain disruptions to fix prices and overcharge customers.

Core & Main, Ferguson, Fortiline Named in PVC Price Collusion Lawsuit Read More »

Distributor Military Fasteners Gains Private Investment

Leave a Comment / eCommerce, Fasteners, Mergers & Acquisitions / MDM Staff

PE firm Montage Partners invested in the mil-spec fasteners distributor and appointed David Ficadenti as its new CEO.

Distributor Military Fasteners Gains Private Investment Read More »

GMS Sees May-July Sales Growth Slow, Makes FL Acquisition

Leave a Comment / Building Materials/Construction, Construction, Earnings, Mergers & Acquisitions / MDM Staff

GMS’ organic sales declined in 1Q25, and it added Florida-based R.S. Elliot Specialty Supply earlier in August.

GMS Sees May-July Sales Growth Slow, Makes FL Acquisition Read More »

U.S. 2Q GDP Growth Revised Up to 3.0%

Leave a Comment / Economic Trends, News / MDM Staff

The U.S. economy’s growth increased in 2Q, driven by consumer spending and private inventory investment.

U.S. 2Q GDP Growth Revised Up to 3.0% Read More »

MSC Industrial Appoints ADI President as Independent Board Member

Leave a Comment / Fasteners, MRO, News, Safety Products, Staffing Changes / MDM Staff

Rob Aarnes — President of ADI Global Distribution — joins MSC’s board of directors as an independent member.

MSC Industrial Appoints ADI President as Independent Board Member Read More »

Seafood Distributor Pleads Guilty to Long Running Mislabeling Scheme

Leave a Comment / Grocery & Foodservice Distribution, Legal Issues in Wholesale Distribution, News / Anna Debiec

A Mississippi-based seafood distributor pleaded guilty to conspiring to mislabel seafood and wire fraud in a scheme spanning 2002-2019.

Seafood Distributor Pleads Guilty to Long Running Mislabeling Scheme Read More »

MDM Podcast: How One Distributor Leverages Sales Freedom

Leave a Comment / Facilities Maintenance (MRO), Featured Main, JanSan, Perspective, Sales & Marketing, Sales Compensation / Mike Hockett

Family-owned MRO and JanSan distributor 1st Ayd’s field sales model emphasizes freedom and entrepreneurship. Company President Tommy Schreiner tells us what it takes to make that work.

MDM Podcast: How One Distributor Leverages Sales Freedom Read More »

Hillman Shares Leadership Succession Plan; Acquires Cleaning Supplier

Leave a Comment / Fasteners, Industrial PVF, Leadership, Mergers & Acquisitions, MRO, Staffing Changes / MDM Staff

Company veteran Jon Michael Adinolfi will become the fastener distributor’s President and CEO on Jan. 1, 2025.

Hillman Shares Leadership Succession Plan; Acquires Cleaning Supplier Read More »

Builders FirstSource Acquires Wyoming Millwork in Delaware

Leave a Comment / Building Materials/Construction, Mergers & Acquisitions, News / MDM Staff

Builders FirstSource expands its presence along the Atlantic coast with the acquisition of Milton, DE-based Wyoming Millwork Co.

Builders FirstSource Acquires Wyoming Millwork in Delaware Read More »

Kodiak BP Acquires San Antonio Masonry and Steel

Leave a Comment / Building Materials/Construction, Mergers & Acquisitions, News / MDM Staff

It expands Kodiak Building Partners’ service offerings and operational capabilities in Texas, adding over 150 employees in the deal.

Kodiak BP Acquires San Antonio Masonry and Steel Read More »

Inside Ferguson’s Private Brand Strategy

Branding for Distributors, Featured Main, Featured Premium, Strategy / John Gunderson

The second of this three-part Premium series examines the plumbing, HVAC and industrial supplier’s exclusive brands that have been a key market accelerator.