The company’s strong quarter was primarily due to the impact of the completion of its merger with Tech Data from September 2021.
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The company says it will keep on hold new investments as well as the ‘international delivery of new project orders destined to Russia and Belarus.’
The hardware and building materials supplier opened a new location in Nevada, Missouri.
The home improvement company says it plans to use the net proceeds from the sale of the notes for “general corporate purposes.”
The company says the acquisition — the 3rd New Jersey company to join Envoy’s platform — with strengthen its Northeast presence.
The distributor of truck and trailer parts and services bought the assets of New York-based Portville Truck & Auto Repair.
Crescent Electric Supply Company says it has relocated its Minneapolis branch for ‘better customer access and enhanced service.’
Sheila Hernandez will lead the company’s efforts, including category management, supplier relations, digital presence and customer lifecycle.
The two companies have reached an agreement that will allow Woodgrain to buy Huttig Building Products in an all-cash deal.
Starting April 1, Distribution America and PRO Group will operate as Hardlines Distribution Alliance.
The global healthcare solutions company launched a private offering of $500 million aggregate principal amount of senior notes due 2030.
Veritiv says the food service packaging and janitorial supply distributor has signed an agreement to buy Veritiv Canada, Inc.
Brian Crowle will be responsible for developing and implementing turnkey material handling solutions, the company says.
The Pacific Northwest building material center says it has reached an agreement in principle to acquire five-store chain Orofino Builders Supply.
The company says the deal — the sixth acquisition completed by American Equipment since May 2021 — will further its national growth strategy.
The company reported $6.5 billion in sales for the quarter ending Jan. 31, as core strengths drove market share gains in supportive end markets.
The distributor says it entered an accelerated share repurchase agreement with Citibank N.A to repurchase $125 million of Beacon’s common stock.
The company recently elected David Meyer to its board of directors, a move that will take effect April 1.
MRO distributor Stellar Industrial Supply announced it has reached a deal to acquire industrial distribution firm Timesaver Industrial Inc.
The roofing material and building products distributor says it opened an OTC hub in Pico Rivera, California, and a branch in Little Chute, Wisconsin.
