The global healthcare solutions company launched a private offering of $500 million aggregate principal amount of senior notes due 2030.
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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.
The electrical, communications and data networking distributor reported 2021 net sales of $8.8 billion, a 20.7% increase compared to 2020.
David Gelles, current president of the construction supply company, says his son Matthew Gelles will succeed him.
The distributor announced that Amy Bass Messersmith will be joining Builders FirstSource's executive team effective March 14.
The automation company announced it was suspending operations and sales in Russia and Belarus, effective immediately.
City Electric Supply Company has opened its 17th store in Houston and 41st overall in the state.
The private equity firm says it has reached a deal to acquire the largest manufacturer of exterior building products in North America.
NSI announced it has acquired Metallics, a Connecticut-based manufacturer and supplier of fasteners and related supplies.
Rexel USA says Brad Paulsen will succeed Jeff Baker, who is retiring after 15 years but will remain on the company’s board of directors.
MDM this year has hosted an array of guests from across the distribution industry, and many of them have reflected similar outlooks: Challenges may persist, but companies are eyeing realistic paths to growth.
The Ohio-based industrial supplier has named Gautham Jayaraman its chief information officer and senior director of business intelligence.
