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In its third deal of the year, construction and safety supplies distributor White Cap will add Michigan-based safety product distributor.
1Q U.S. sales actually increased 2% year-over-year, driven by DNOW's acquisition of Whitco Supply that was completed during the quarter.
NTS will operate as a division of Abrasives & Tools of N.H.
The new initiative aims to build the PT/MC talent pipeline.
Spain-based AUSA will complement Oshkosh’s JLG line of telehandlers and other material handling equipment.
It gains the building products distributor a foothold in Teton Valley community along the Idaho/Wyoming border.
Gross margin had a modest annual improvement, while EBITDA shrunk.
The distributor had a considerable 1Q sales improvement vs. 4Q23, while all business segments saw continued annual declines.
Company veteran Steven Bourbeau will lead operations in portions of Illinois, Michigan, Indiana and Wisconsin.
They have a combined 16 manufacturing and distribution locations across four countries for electric heating and HVAC solutions.
