Heating, Air-conditioning & Refrigeration Distributors International says average annual growth for the 12 months ending in January is 25%.
Posts By Mark Powell
The distributor’s 2021 yearly net sales reached nearly $20 billion, while fourth-quarter net sales reached $4.6 billion.
The Michigan-based manufacturer of engineered and applied products says Intertech will immediately become part of TriMas Packaging.
The specialist international distributor says 2021 revenues increased 7.1% over 2020 when considering growth at constant exchange.
The door manufacturer and distributor says it has entered into an accelerated share repurchase agreement with Morgan Stanley & Co. LLC.
The retailer announced the appointment of Paula Santilli, CEO of PepsiCo Latin America, and Caryn Seidman-Becker, chair and CEO of CLEAR.
The Covington, Louisiana-based company says its board of directors declared a quarterly cash dividend of $0.80 per share.
The global healthcare solutions company says Kenny Gardner, chief people officer at DaVita, Inc., will join its board of directors.
M&A activity slowed somewhat in February, but the month wrapped up on an announcement that will likely draw eyes from across the distribution industry.
The North Carolina-based supply chain consulting and services firm says David Latona will assume the position of president and CEO.
The middle-market private equity firm reached a deal to acquire supply chain solutions company Vallen Distribution from the Sonepar Group.
The MRO distributor says net sales increased to $102.1 million compared to $98.1 million for the fourth quarter of 2020.
Real gross domestic product increased at an annual rate of 7% in the fourth quarter of 2021, according to the ‘second’ BEA estimate.
The company reported 2021 fourth-quarter revenue of nearly $2.5 billion and total-year revenue of more than $9.7 billion.
The company also reported 2021 fourth-quarter net earnings of $1.2 billion and diluted earnings per share of $1.78.
With the acquisition, Relevant Industrial, LLC will have more than 400 employees at 35 locations throughout the U.S.
American Equipment Holdings says the deal, its sixth acquisition since May 2021, will further its national growth strategy.
The world's largest home improvement retailer also reported 2021 year-end sales of more than $151 billion, a 14.4% increase.
The building materials distributor says its board of directors has authorized the company to repurchase $1 billion of its common shares.
The water treatment and sustainability provider says it will pay a regular quarterly cash dividend of $0.21 per share in May.
