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Veritiv adds a Tampa,FL-based distributor of core packaging products and a Lakewood, NJ distributor of corrugated packaging products.
Core inflation likewise jumped, while a major increase in the index for final demand services was driven by widened margins for machinery and equipment wholesalers.
Resideo filed its Form 10 registration statement with the SEC for the planned spin-off of ADI Global Distribution, while also reporting solid 1Q26 growth for the distribution business. The company detailed the future leadership teams and boards for both standalone companies as the separation remains on track for later this year.
Graybar continues its acquisitive push with a deal for California-based American Electric Supply, strengthening its electrical distribution presence in Southern California following a record-setting first quarter.
Surging energy prices continue to skew top-line CPI results, while core inflation was above market expectations. Get the key numbers and charts here.
The deal adds a Mokena, IL-based industrial automation and electrical distributor about $330 million in 2025 annual turnover.
Japan-based NSK and NTN announced plans to pursue a business integration through a joint holding company, a move that would create one of the world’s largest bearing and power transmission suppliers with combined annual revenue approaching $12 billion.
SupplyHouse has appointed its first general counsel as the fast-growing eCommerce-based distributor builds legal and governance infrastructure to support continued expansion across its plumbing, HVAC and electrical supply business.
Colonial Oil Industries is one of the largest independent oil distributors in the U.S., primarily serving the Southeast.
SBSI nets three Tennessee locations with the expansion, giving it 14 overall across the five U.S. states.
