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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.
Multi-Family market weakness had hamstrung demand in recent quarters, with BLDR's gross margin down nearly 300 basis points year-over-year in 1Q25.
Following a healthy increase in February, total U.S. construction spend is down in March across the board in both private and public projects.
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.
