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Posts By Mike Hockett
See our breakdown of M&A activity by product category, the latest EBITDA trading multiples for 28 top industrial distributors and our detailed rundown of all deals we tracked during July-September, which improved sequentially but remained overall subdued compared to 2023-2024.
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Two Stanford MBAs took a two-year deep dive into researching AI use in wholesale distribution — conducting 200+ executive interviews with industry leaders. Their takeaway: distributors are not only ready for AI, they’re eager for it. Here’s why they’re making this industry their career focus.
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It follows two decades of restructuring for Office Depot's parent company since its heyday of the 1990s.
The plumbing, PVF and industrial supplies distributor posted its highest annual revenue ever, with solid organic growth complementing continued acquisitions during the fourth quarter that ended July 31.
One month after PFG rejected talks with US Foods about a potential combination, the two foodservice distributors are now sharing information to explore what would be a landmark merger.
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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).
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The engine maker's move will result in the lay off of more than 600 FedEx Supply Chain workers at adjacent Cummins DCs in Memphis by the end of October.
The company has added three new at-Home DCs over the past three years, and plans to open another by the middle of 2026.
The company's August sales report showed that double-digit daily sales growth continued, albeit at a slight deceleration month-to-month. Get a detailed breakdown of the figures here.
The deal went final just over a month after it was originally announced, and marks HD’s second landmark building materials distribution purchase in about 15 months.
Family-owned and operated since 1953, V-TO is a distributor and manufacturer of cleaning products and other janitorial supplies and equipment based in Saint-Hyacinthe, Quebec.
Fastenal said the "UHUB" can potentially double in size and supports branches and customers across a wide swath of Western America.
Substantially lower ocean rates have helped offset some of the higher cost of goods sold that distributors, manufacturers and retailers are incurring from tariffs. Here's the data showing how rates have changed since their spring peak.
With offices in Dallas and Chicago, TCG will infuse 100+ independent distributor member-owners into AD across verticals of plumbing, PVF, HVAC, waterworks and irrigation.
“Through decades of dedication, he launched new enterprises, acquired companies and fostered relationships that shaped the company’s legacy and impact on the industry," the manufacturers representative organization said.