The combined company will do business under the name Zircon and will be centered on leveraging Zircon’s ASIC processor technology.
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TPG has agreed to acquire a majority interest in OneOncology, and AmerisourceBergen will acquire a minority interest in the company.
The company reported a 2% increase in sales over the same quarter in 2022 to a 'record' $1.55 billion.
CK Supply Inc. will take over operations as it looks to expand service offerings, the company said in a news release.
Pool Corp experienced a decline in sales in 1Q 2023 due to seasonally unusual weather in some of its key markets.
The French electrical distributor said total 1Q 2023 sales across the globe increased 12.6% versus the same period last year.
Snap-on's 7.8% sales increase in 3Q was up from 4Q 2022’s year-over-year increase of 4.3%.
Motion, Genuine Parts Company's industrial segment, achieved sales of $2.3 billion in 2023's first quarter.
The announcement is part of Lowe's goal of reaching 50% renewable energy for its facilities by 2030, the company said.
The deal marks Bishop's 12th acquisition since 2012 and is the 5th add-on acquisition since Altamont acquired the platform in February 2022.
Sonepar selected Microsoft, Publicis Sapient and Hitachi Solutions to help drive the company’s digital innovation in a 'sustainable manner.'
The OEM foodservice equipment distributor has added HVAC parts to its portfolio.
Revenues generated through Amazon Business have grown by 40% and its global customer base by 20% over the past two years.
DXP's 38.6% year-over-year sales growth in 4Q followed 33.8% growth in 3Q.
Dakota Supply Group now has 13 locations in Minnesota and more than 300 employee-owners, the company said.
The transaction is expected to close during the spring of 2023 when KE2 Therm will begin integrating into Distech Controls.
The location will focus on compressed air solutions, one of which is DIRECTAIR, an air utility service solution for customers.
Rob Brice advises on how distributors and manufacturers can leverage digital tools to work faster and smarter by creating smart warehouses.
The initiative is aimed at providing expanded technical expertise and support to end users in key segments.
The distributor said pricing's impact on 1Q sales was roughly half what it was in 2022's third quarter.
