Jason Seger, the current President, will become President and CEO on April 1, 2024, the company said.
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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.
Timken has agreed to acquire Nadella Group, a manufacturer of motion technology based in Italy.
Merger plans were first announced in May 2022, and the combined business will be known as Kito Crosby.
Baird and MDM polled distributors about what digital projects they’ll prioritize this year. Read the exclusive analysis and commentary here.
Mid-State Bolt & Nut will be known as a "division of Field" moving forward, the company said.
Since the start of 2021, France-based Rexel has acquired approximately $1.85 billion of sales via 10 transactions.
SRS has acquired Marsh and its eight locations in Ohio and Kentucky.
Flow Control Holdings, a portfolio company of Audax Private Equity, is expanding into Canada with its acquisition of Andron Stainless.
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 distributor of hardware and industrial supplies promoted Rob Dilts to Vice President of Operations & Supply Chain.
Backed by Clearlake Capital Group, FloWorks made an acquisition this past August.
After making 10 acquisitions in 2022, FleetPride has acquired the assets of a Florida-based truck shop for its first move of 2023.
