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It's MCE's 14th bolt-on since the start of 2023.
US LBM now runs 18 locations in Florida including this latest acquisition.
Beacon said pricing and organic volumes drove about 3% combined sales growth during the quarter.
It completes a years-long corporate transition for the distributor of plumbing, HVACR, PVF and industrial supplies.
Missing economists' expectations, June was dragged down by both public and private construction.
Rexel reported sales in North America remained flat with some improvement, offset by challenging market activity in Europe.
It’s the latest economic indicator that demand remains subdued in the U.S. manufacturing sector.
The company said customer destocking and the delay of capital projects clearly impacted its 2Q results.
Membership growth for the contractor and industrial supplies buying group has outpaced the impact of consolidation, AD CEO Bill Weisberg said.
As expected, DSG's organic sales declined compared to a year ago but sequential improvement was driven by increased sales in many end markets.
