The combination creates a super-regional distributor with 38 locations serving industrial MRO, OEM and mobile-equipment customers across the Midwest and South.
Posts By Mike Hockett
The $35-per-share agreement raises LKCM’s original offer by nearly 19% and would end DSG’s four-year run as a publicly traded industrial distributor.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
Consumer inflation eased considerably during June as gasoline prices reversed course, while core prices were unchanged month-over-month and posted their smallest annual increase since early 2021.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
Ferguson’s largest acquisition in years would add approximately $1 billion in annual revenue, more than 60 locations and extensive valve automation, repair and technical capabilities — significantly expanding its position in industrial flow control markets.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
Petroleum products continued to lift nondurable goods sales, while durables saw widespread acceleration as inventory-to-sales ratios continue to slide, indicating demand is outpacing stockpiles. Here, get a full breakdown of product vertical-specific figures for monthly and year-over-year sales and inventories from the latest government data.
At the company's annual TUG conference for distribution customers, CEO Kevin Samuelson and AI Innovation leader Rick Rider outlined how the company is positioning AI for distributors — not as a standalone product, but as an ongoing service built around industry context, co-innovation, process intelligence and governed automation. Here are our key takeaways.
If your company lacks a plan or yours is gathering dust, follow these guidelines.
The pending sale would make Continental a pure-play tire manufacturer while putting ContiTech’s industrial rubber, hose, conveyor and fluid management portfolio under private equity ownership.
Pricing still did most of the heavy lifting for sales growth, but the volume movement is a positive demand sign for the broader metalworking and MRO supplies market. Get the key figures here.
MDM won't deploy an Update newsletter on Friday amid the Fourth of July holiday in the U.S., so it'll be back on Monday.
QXO officially closed on its acquisition of TopBuild, adding insulation distribution and installation scale to its fast-growing building products platform and positioning the company near the top of MDM’s Building Materials/Construction Top Distributors List.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
You've seen our new Top Distributors Lists. Now, see which companies remained as MDM Industry Titans and which ones joined the exclusive club that recognizes companies that have been in the top 3 of one of our Top Distributors Lists for at least five consecutive years — a testament to sustained market leadership.
The figures suggest goods continued accumulating across distribution channels, albeit at a slower pace than April, and we'll find out if sales kept pace when the government's full wholesale trade report publishes July 8.
QXO’s acquisition of TopBuild cleared a major hurdle with shareholder approval from both companies. The transaction is expected to close July 1, positioning QXO as one of North America’s largest publicly traded building products distributors.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
