Combined, the three acquired companies add about $47 million in aggregate revenue.
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The deal is set to follow Sunoco's $7.3 billion purchase of NuStar Energy in 2024.
exclusive brands, supplier programs, North American pricing and enterprise marketing.
Grainger appointed a new CHRO to lead its HR strategy and support continued growth, effective April 28.
CX Connexion is undergoing a leadership transition with two internal promotions set to take effect in January 2026.
The investment will enable Amazon to deliver over a billion more packages each year to customers in less densely populated areas.
That momentum, however, is expected to be short-lived amid trade tensions.
The acquisition is foundational to the company's expansion into digital product distribution and the creation of a new digital hub.
The combination strengthens Novvia’s presence in consumer packaging distribution following the company’s January 2025 acquisition of Saxco.
Ray Andrews will support the St. Louis, MO-based distributor's ongoing expansion and customer-centric business solutions.
Annual sales growth for 12 months through March also increased for HVAC distributors a part of HARDI.
Four planned Colorado locations have been designed to work in conjunction to offer a comprehensive range of products and services in the region.
Multi-Family market weakness had hamstrung demand in recent quarters, with BLDR's gross margin down nearly 300 basis points year-over-year in 1Q25.
Following a healthy increase in February, total U.S. construction spend is down in March across the board in both private and public projects.
The MRO, OEM and industrial technologies distributor posted year-over-year 1Q gains in sales and EBITDA, driven by both organic and acquisitive growth.
![2025 Three-month report press release[66]](https://www.mdm.com/wp-content/uploads/elementor/thumbs/2025-Three-month-report-press-release66-riq4ky1kijghb9j9c95b82ns0u3sk4wr0xt63x1rd0.png "2025 Three-month report press release[66]")
AD welcomed over 550 new members and reached record sales in the first quarter of 2025.
While net sales dipped, a nearly 6% organic sales growth was led by data centers, and the distributor's Broadband and OEM businesses.
Stanley Black & Decker implemented a high-single digit price increase on U.S. tools in April, with plans to introduce a second price increase effective the beginning of the third quarter.
Sales in the Americas and EMEA were down YoY and sequentially, while sales in Asia increased substantially.
The results also show that distributors warn new tax increases could add to mounting financial pressures across the industry.
