The deal brings AI-powered software solutions and field-tested contractor tools to one of the country’s top distributors of plumbing, HVAC and industrial supplies.
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Winsupply expands its footprint with the launch of Winsupply N Richmond, a new locally owned HVAC-focused company.
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HARDI distributors saw a solid monthly sales increase in April, with growth trending upward despite soft housing data and high interest rates.
mSupply opened a new Denver regional combining a Comfort Air branch and regional distribution center, boosting next-day delivery capabilities in the U.S.
Ferguson's February-April quarter was highlighted by accelerating sales growth, improved margins and a raised full-year guidance, driven by strong U.S. performance.
Heusinkveld and Cavossa come to F.W. Webb as the wholesale supplier makes other significant additions to its leadership team.
APR Supply appointed a new President to lead strategic growth, following the opening of its new corporate office in Lancaster, PA.
Industrial Sales is a distributor of drainage pipes and fitting, offering a range of products, including PVC pipes and fitting, water and sewer systems and more.
Combined, the three acquired companies add about $47 million in aggregate revenue.
Ray Andrews will support the St. Louis, MO-based distributor's ongoing expansion and customer-centric business solutions.
Annual sales growth for 12 months through March also increased for HVAC distributors a part of HARDI.
Watsco reported softer first-quarter results as it navigates a product transition driven by new regulations impacting over half its sales, but showed healthy margin performance.
Lennox is expanding its distribution and training infrastructure in the Dallas-Fort Worth area with new facilities to support growth and enhance customer experience.
Ferguson expanded its North American footprint with the acquisitions of Massachusetts-based Independent Pipe & Supply and Toronto-based National Fire.
Based in North Carolina, CTC Supply is a distributor of HVAC equipment, parts and supplies, offering a range of brands, including Honeywell and DeWalt.
The company launched its "Town Shares" employee ownership program, empowering team members to share in the company's long-term success and growth.
Ferguson reported a solid sales increase in its November-January quarter, driven by organic and acquisition growth, offset by commodity price deflation and lower operating margins.
January had a modest sales increase, continuing growth following December’s spike.
