AD reported double-digit first-half growth in member sales and same-store sales as the buying group continued expanding its membership and moved toward acquiring national accounts-focused MRO network supplyFORCE.
Latest In Affiliated Distributors
AD’s completed its merger with plumbing and PVF buying group The Commonwealth Group comprised the majority of 70-plus new member companies during the quarter.
The partnership will strengthen Suppli’s digital accounts receivable service relationships with AD members.
The merger brings independent distributors with almost 100 locations across the U.S. and Canada to AD’s Pipe, Valves & Fittings Division.
The Baron Group will join AD's Pipe, Valves & Fittings (PVF) Division.
Paul Kennedy has over 30 years of experience in the plumbing, electrical, HVACR and waterworks distribution industries.
AD members saw their sales increase 6% year-over-year in 2023's first quarter.
The meeting highlighted AD's successes in 2022 and what's next for members and suppliers.
Sales increased 26% to $55.8 billion through nine months, the independent distributor organization said.
