The Roswell, Georgia-based landscape company also reported 2021 year-end net sales of $3.48 billion, a 29% jump over 2020.
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The global provider of security solutions and security and audio-visual products announced it has acquired the California-based company.
The company’s net sales for the fourth quarter of 2021 reached a ‘record’ $1 billion, while total yearly sales topped $5 billion.
Ace Hardware Corporation reported record 2021 total revenues of $8.6 billion and 4Q revenues of $2.1 billion.
The company says the rebranding will unify its growing team under one name to ‘better demonstrate our consolidated North American presence.’
Consolidated sales in 2021’s 4Q decreased 4.3% compared to the prior year, but overall annual sales were up 3.3%.
Pipes, valves and fittings distributor MRC Global Inc. reported 2021 4Q sales of $686 million, an 18% increase over 2020.
The private equity firm acquired Benoist Brothers Supply Co., a Midwest-based regional distributor of HVAC/R equipment, parts and supplies.
The board of directors for one of the largest foodservice distributors in the U.S. has decided to separate the roles of CEO and chair.
WESCO International Inc. reported 2021 fourth-quarter sales of $4.9 billion, a 17.5% increase over the same quarter in 2020.
Genuine Parts Company announced an increase in the regular quarterly cash dividend for the 66th consecutive year.
The company completed its acquisition of the Maryland-based fresh produce distributor in a deal that previously was announced in December.
Supply chain issues and other disruptions are likely to continue, but distributors who leverage data into efficient customer relationship management can succeed in 2022, Brian Friedle says in the latest MDM webcast.
Rhys J. Best will retire upon completion of his term as a director at the annual meeting of the company’s stockholders in May, the company said.
The company’s board approved a 10% increase in its quarterly cash dividend, while multiple leadership changes were also announced.
The company added VP of Industrial Sales Benjamin Judd and VP of Government Services Michael Hawn to its senior leadership team.
RBC Bearings Inc. reported fiscal 2022 third-quarter net sales of $267 million, while organic net sales were up 7.6% over last year.
SaaS provider Descartes Systems Group announced it acquired NetCHB, a U.S. provider of customs filing solutions.
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The foodservice distributor reported fiscal 2022 second-quarter sales of $16.3 billion.
