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Breaking news in Wholesale Distribution
The company pointed to continued broad end-market growth both year-over-year and sequentially, while pricing advanced primarily in memory-related products.
The electrical and industrial distributor keeps breaking company sales and profit records.
The deal is set to expand Nexans' U.S. footprint and low-voltage cable capabilities while leveraging Republic’s distributor network to build a broader North American growth platform.
The company’s January-March results indicated demand momentum. Meanwhile, Applied raised its annual outlook.
All three company geographies were in positive sales territory for the first time in 11 quarters. Meanwhile, the company closed on a Canadian acquisition that added about $61 million of revenue.
The company noted consistent product demand in the quarter, while it closed on two tuck-in acquisitions.
The deal nets Watsco 25 Sunbelt locations and $230 million in added revenue.
Metrics from 1Q26 cargo theft show changing dynamics for where and what is being stolen.
Chef’s Deal spotlights its 400+ manufacturer network and design-build model, positioning its inventory depth and integrated services as key differentiators in streamlining commercial kitchen projects from concept through installation.
Some employees may ultimately transition to roles under new ownership depending on final deal structures.