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Based in Texarkana, TX, Sterno is a provider of portable food-warming and tabletop solutions, with 2025 adjusted EBITDA of $30 million.
PMA's latest business conditions report showed a considerable downgrade in near-term optimism.
Pericle's work will expand into an ongoing body of intelligence, including a monthly podcast, applied guidance for industry leaders and conversations with the operators building the next generation of distribution capability.
The infrastructure supplies distributor’s former CEO has retired as executive chairman, and the company has named a successor, along with another board member appointment.
Oracle has launched a new suite of Fusion agentic AI applications — embedded directly in its cloud platform — that use coordinated AI agents to automate workflows, make decisions and execute tasks across finance, HR, supply chain and customer experience functions.
It further strengthens Werner's native Wisconsin presence, netting it two locations serving customers in the central and northern regions of the state.
Marking one of the largest transactions in the history of wholesale distribution, it's set to push Sysco’s annual revenue to near $100 billion and diversify its offering with a strong push into the cash-and-carry segment. Get the details and context here.
Most of it comes from a common stock financing round for the company that plans to expand throughout the U.S. Sunbelt region.
The company said the move is in direct response to customer and supplier feedback calling for a more unified enterprise structure.
Seven major HVAC manufacturers are named in a federal class action lawsuit alleging coordinated price-fixing that began during the COVID-19 pandemic.
