The new Echo Electric becomes Sonepar’s sixth U.S. operation with greater than $1 billion in annual sales.
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The product data provider says the metalworking products manufacturer used confidential information to "knock-off" its sales platform.
In addition to announcing its forthcoming split, Honeywell reported its 2024 financial results, which showed an increase in 4Q sales and organic growth.
It is the second deal US LBM announced in two days.
Weather was a considerable headwind during January, but daily sales growth increased following a recent lowpoint in December. See our full breakdown of the monthly figures.
Full year net sales dipped slightly, driven by a decrease in organic sales and partially offset by acquisition-related sales.
Strate is a distributor serving customers from 13 locations across Florida, Georgia, Pennsylvania and New York.
Charleston-based CRMH is a distributor and fabricator of industrial rigging products and safety solutions.
Endries’ corporate brand transformation includes a new logo and updated messaging, set to extend over time for a seamless transition.
Portland, OR-based JLA Supply is a distributor of sealants, waterproofing and concrete accessories.
It gains ORS a specialized master wholesaler with three U.S. distribution centers.
The company said it expects EBITDA to expand in 2025 as it pursues a return to historical gross margin of about 35%.
The company said it plans to “continue its momentum in 2025” and add more suppliers and products to its offerings.
The report showed a second consecutive monthly decrease, 0.9% in December and 0.8% in November, for new orders.
Walker Lumber & Supply is a distributor of building products, offering customers an extensive line of lumber and hardware in Central Tennessee.
Pennsylvania-based Triumph designs, manufactures, repairs and supplies spare parts for a wide range of products.
Creative Packaging Distributor is an independent packaging group serving customers in the Rocky Mountain Region.
The acquisition was initially disclosed on Dec. 9 and finalized on Jan. 31.
The company opened a new facility to expand its service capabilities across the U.S. east, north and central midwest.
Through the acquisition of Premier Equipment and Premier Control Systems, OTC gains six locations and approximately 85 employees.
