The now-combined company also provided an update on MRC’s integration, and ERP system migration that has seen major challenges since launched in November.
Latest In Industrial PVF
Ferguson posts margin expansion and profit growth in its fiscal first quarter, even as residential end markets remained challenged.
The tuck-in deal nets Winsupply two locations and 18 employees serving East Texas.
F.W. Webb has launched a mobile app that brings real-time inventory, pricing and order management to contractors’ fingertips — extending the branch experience to the jobsite as customers increasingly run their businesses from their phones.
Adding 1.6 million square feet of space, the projects are expected to complete by fall of 2027.
ISM is a value-added distributor and assembler of pneumatic, vacuum, and fluid circuitry components.
Nonres markets and supplier pricing carried growth throughout the year as margins, profit and EBITDA each expanded.
The 63-year-old company will expand Core & Main's coverage in Texas and Oklahoma.
Despite soft residential demand the company reaffirmed its full year outlook.
Residential sales for the quarter were challenged while non-residential sales in the U.S. rose 11%.
AD taps a former Iconix and Wesco executive to lead its newly-formed Waterworks unit.
It creates an industrial PVF supply powerhouse with an enterprise value of about $3 billion.
Industrial PFV distributor DNOW announced its future leadership team that will be in effect after its landmark deal with MRC Global closes.
The plumbing, PVF and industrial supplies distributor posted its highest annual revenue ever, with solid organic growth complementing continued acquisitions during the fourth quarter that ended July 31.
Better volume and acquisitions powered further strong year-over-year sales, profit and EBITDA figures, but the company cited higher expected expenses and softer demand in lowering its guidance.
The addition of the Canadian water, wastewater and storm drainage product distributor complements Core & Main's existing footprint.
With offices in Dallas and Chicago, TCG will infuse 100+ independent distributor member-owners into AD across verticals of plumbing, PVF, HVAC, waterworks and irrigation.
First Supply is relocating its Champlin, MN branch to St. Louis Park, with the new location set to open Sept. 2 and include a full-service showroom.
Both energy sector supplies distributors saw little movement year-to-year, but strong results compared to 1Q of this year.
Cerro Brass is a distributor of brass components, serving the residential, commercial and industrial markets.