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Latest In Top Distributor Sectors
The co-op and hardware distributor will create a combined entity serving DIY entrepreneurs, contractors and distributors in the U.S. Midwest.
It marks the OEM fasteners distributor's 12th acquisition since 2018 and the fifth since 2022.
Electrical supplies distributor Border States creates mechanical, electrical and plumbing engineering services unit.
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Airline Hydraulics has grown its East Coast territory as a distributor of industrial automation products manufactured by Phoenix Contact.
Both are distributors of commercial entry solutions and systems integration services.
In its fifth acquisition of the year, Imperial Dade has added paper and JanSan distributor Brawner Paper Company in the greater Houston area.
Graybar expands its presence in southern Colorado with the addition of Colorado Springs-based electrical distributor Blazer Electric Supply.
Annually, however, January’s figure was up 11.7%.
The distributor saw healthy 4Q organic growth, too, with comparable sales up 5.1% excluding GIC's May 2023 acqusition of Indoff.
Los Angeles-based Progressive had 2023 annual sales of more than $400 million.
The specialty building products distributor saw gross margin improve 40 bps year-over-year, though EBITDA fell by a larger margin.
Strategically located, the new 8,000 sq. ft. warehouse and office space will streamline Bartlett Bearing's distribution network.
As part of its expansion plans in California, building materials supplier 84 Lumber acquire West Coast Lumber's production yard business.
Acquisitions and greenfields powered strong volume growth, and the distributor bolted-on its second company in 2024.
From its modest origins in 1934, MRO distributor Martin Supply has expanded its footprint to encompass 48 distribution centers and sites.
A pull-back in DIY spending, flat Pro customer sales and unfavorable January winter weather impacted Lowe's comparable sales numbers.
The company agreed to 19 acquisitions during 2023, respresenting a total investment of $593 million.
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