The company reported sales growth in 1Q25, driven by increased equipment sales, though profit and margins declined.
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Rocky Mountain Cutting Tools distributes carbide indexable cutting tools and inserts for the machining industry.
Fastenal’s April sales growth slowed slightly after a strong March surge, signaling a potential cooling in demand across top segments and national accounts. See our full breakdown of the monthly figures.
Combined, the three acquired companies add about $47 million in aggregate revenue.
The deal is set to follow Sunoco's $7.3 billion purchase of NuStar Energy in 2024.
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Grainger appointed a new CHRO to lead its HR strategy and support continued growth, effective April 28.
CX Connexion is undergoing a leadership transition with two internal promotions set to take effect in January 2026.
The acquisition is foundational to the company's expansion into digital product distribution and the creation of a new digital hub.
The combination strengthens Novvia’s presence in consumer packaging distribution following the company’s January 2025 acquisition of Saxco.
Ray Andrews will support the St. Louis, MO-based distributor's ongoing expansion and customer-centric business solutions.
The master wholesaler adds a provider of products specializing in MIG, TIG, plasma, osy-fuel and stick welding styles.
Annual sales growth for 12 months through March also increased for HVAC distributors a part of HARDI.
Four planned Colorado locations have been designed to work in conjunction to offer a comprehensive range of products and services in the region.
The MRO, OEM and industrial technologies distributor posted year-over-year 1Q gains in sales and EBITDA, driven by both organic and acquisitive growth.
![2025 Three-month report press release[66]](https://www.mdm.com/wp-content/uploads/elementor/thumbs/2025-Three-month-report-press-release66-riq4ky1kijghb9j9c95b82ns0u3sk4wr0xt63x1rd0.png "2025 Three-month report press release[66]")
AD welcomed over 550 new members and reached record sales in the first quarter of 2025.
Acquisitions boosted top-line sales, while organic continued to slide.
While net sales dipped, a nearly 6% organic sales growth was led by data centers, and the distributor's Broadband and OEM businesses.
The MRO distributor’s High-Touch Solutions segment logged a modest year-over-year sales decline, while Endless Assortment saw double digit growth.
