Avnet's 2Q sales were up 14.5% year-over-year, according to its Feb. 2 earnings announcement.
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Timken's latest M&A deal comes just two days after the company reached an agreement to acquire Nadella Group.
The toolmaker reported full-year 2022 revenues of $16.9 Billion, an 11% increase over the prior-year total.
For the full year, Grainger saw its sales grow 16.9% from 2021.
The water treatment company attributed the year-to-year growth to the performance of its two business segments.
GMS has added several material-handling trucks equipped with battery-powered hydraulic cranes to its distribution fleet.
As a primer to MDM's Feb. 22-23 Virtual M&A Summit, we chat with MSC Industrial Supply leaders Erik Gershwind and Jim Drohan about the company's recently aggressive M&A strategy.
The pace of M&A activity accelerated in January, as industrial distributors and manufacturers reported four-dozen deals to start the year.
This new full-line catalog features more than 47,000 products specifically selected for Maintenance, Repair, Operations customers.
During 2022, AD’s membership grew to 866 separately owned independents across 14 divisions and three countries.
Full-year sales and revenue also increased 17% over the prior year, the heavy equipment maker said in a Jan. 31 announcement.
Merger plans were first announced in May 2022, and the combined business will be known as Kito Crosby.
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Zesco specializes in the drives, motion control and automation industry and serves customers in Ohio, Pennsylvania and West Virginia.
The acquisitions include Winston-Salem, North Carolina-based P-F Plumbing and Murfreesboro, Tennessee-based Precision Air.
The company's fiscal 2023 1Q (October-December 2022) sales grew 6.7% year-over-year compared with 17.6% in 2022 4Q.
Kimberly Clark's Professional segment posted net sales of $800 million in 4Q.
The two companies collaborated to save 61 joint customers nearly 22.5% in customer Documented Cost Savings during 2022, Stellar said.
Applied Industrial Technologies continued its strong start to 2023 with an impressive fiscal second quarter.
OTC partnered with Quincy Compressor in 2022 in the expansion of two OTC locations in Phoenix and Las Vegas.
