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Posts By Mike Hockett
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).
NAW’s 2024 Executive Summit was its most well-attended such event in years, and its content delivered in spades. This episode features interviews with attendees on their top takeaways, initiatives & more.
The company saw a sharp deceleration in daily sales, hampered by weather impacts during the month.
Sources told the Wall Street Journal that a Consumer Protection Safety Commission vote could make Amazon liable for the safety of third-party products.
The figures reflected a broader industrial supply demand slowdown, though Grainger's 4Q growth deceleration was less than most public firms that have reported so far. Get our full breakdown here.
Bought for $146 million, Friulair has 215 employees and has annual revenue of about $65 million.
SBD's Tools & Outdoor segment drove the overall margin improvement, as Industrial dipped slightly.
January's figure still indicated contraction for a 14th consecutive month, but at a much slower pace than almost all of 2023.
Fed Chair Jerome Powell suggested that a rate cut issued at his committee's March 19-20 meeting is unlikely.
It follows several years of transformation for the distributor of fluid handling, sealing and material conveyance supplies and solutions.
In the past 2 years, Singer Industrial divested a business unit, rebranded, made over a dozen acquisitions and added plenty of greenfields. CEO Craig Osborne tells us how his company has handled it all.
Plenty of big-name distributors were involved in MDM's M&A news coverage during January.
More resources, more access and more firepower is just the start.
Organic sales narrowly dipped year-over-year as modest growth in Applied's Service Center segment offset a decline in Engineered Solutions.
Tammy Miller spent 32 years at the electrical distributor, serving as CEO from 2006-2020.
Based in Mississauga, metalworking supplies distributor KAR had 2023 sales of about $16 million.
The distributor returns as a multi-race primary partner in the NASCAR Xfinity Series and will debut in the Cup Series.
Fourth quarter sales, profits and margins all edged up from a year earlier, and December daily sales topped November's. Get our in-depth breakdown here.
Last year's M&A news volume blew away that of 2022 & 2021. Will its pace hold up in 2024? Brown Gibbons Lang & Company's (BGL) Kevin Sargent joins to discuss what's driving distribution M&A and why it's outpacing the manufacturing sector.
