The acquisition is AFC's sixth of 2023 and 11th since AFC was acquired by Bertram Capital in April 2021.
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The sales decline was within expectations, according to Ferguson.
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MCE has now made 10 acquisitions since January 2021.
CIRCOR is a manufacturer of flow control products serving the industrial, aerospace and defense markets.
The acquisition will double Rexel's size in the Netherlands.
The Institute for Supply Management’s monthly Purchasing Managers Index (PMI) remained in contraction territory for a seventh straight month in May.
MDM speaks with North Coast Electric President Cory McCulloch to discuss his company's new DC in Auburn, Washington and the Sonepar subsidiary's plans for the future.
The Baron Group will join AD's Pipe, Valves & Fittings (PVF) Division.
The OEM foodservice equipment parts distributor expects its exponential growth to continue in 2023.
Economists polled by Reuters had expected China's manufacturing PMI to increase slightly in May.
The U.S. Census Bureau also said that data for March was revised higher to show that core capital goods declined 0.6% as opposed to the previously reported drop of 1.1%.
The new location in Columbus expands Macomb's reach to central Ohio and West Virginia.
The award represents the 'rare' relationship Metabo HPT and SouthernCarlson have shared over the past decade, SouthernCarlson President Andrei Militaru said.
Advantive's latest acquisitions, ParityFactory and VeraCore, focus on the foodservice and logistics industries, respectively.
It's the first acquisition of 2023 for Hillenbrand after the industrial distributor made four bolt-ons in 2022.
Paul Kennedy has over 30 years of experience in the plumbing, electrical, HVACR and waterworks distribution industries.
Sherwood Lumber has acquired MAWL, a Baltimore-based building products distributor.
OmniCable, a master distributor of wire, cable and electrical products, has opened two new locations.
A new government estimate says U.S. real gross domestic product increased at an annual rate of 1.3% in 1Q 2023, down from 2.6% in 4Q 2022.
