DXP made four acquisitions during 2022 and ended the year by raising $105 million in borrowings to fund further growth.
Latest In Plumbing Products & PVF Distribution
The deceleration was expected after Ferguson posted 16.6% year-over-year sales growth in 1Q.
The industrial PVF products distributor reported 4Q sales of $869 million, an increase of 27% compared to the same quarter in 2021.
The water treatment company attributed the year-to-year growth to the performance of its two business segments.
Flow Control Holdings, a portfolio company of Audax Private Equity, is expanding into Canada with its acquisition of Andron Stainless.
The new website features full optimization for mobile devices.
Kirby-Smith will sell, service and rent Thompson Pump products in Oklahoma and Texas as part of the deal.
Delwood Supply has multiple locations in the Detroit metro area, according to an announcement posted by the Beringer Group.
Expanding Holland’s Gulf Coast reach, it’s the company’s sixth acquisition since a 2019 investment by XPV Water Partners.
The deal comes after IR’s $3.59B offer to buy SPX outright was rejected in July 2021.
Hydrologic and its 12 locations in Florida will join the Winsupply family of companies.
ProSource operates seven plumbing, lighting and residential hardware showrooms across North and South Carolina.
The world’s largest plumbing products distributor saw 21.4% growth in the May-July period.
John McKenzie joins the MDM Podcast to discuss the distributor’s new drone delivery program and Innovation Center, as well as the strategy behind its frequent acquisitions. We also dove into how Winsupply’s employee-ownership opportunity pays dividends across the organization.
It marks the sixth acquisition of the year for Core & Main.
Steve Edwards will work to develop and expand a marketing and communication strategy to create awareness of PHCP/PVF career opportunities.
It marks the first acquisition for Tencarva since it was privately-acquired in November 2021.
Our long-awaited annual rundown of the top distributors across 17 industrial, construction and commercial products sectors is available to view and download.
DSG has acquired Brown Supply Company, adding four locations in the Hawkeye State.
In a new MDM Podcast, Ferguson's Denise Vaughn talks about how the company conducts operations with a lighter footprint while creating positive impact for its stakeholders.
