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Distribution Solutions Group had its inaugural earnings report following the April 1 merger of Lawson Products, TestEquity and Gexpro Services.
The PVF products distributor saw its best adjusted EBITDA margin since 2014 amid double-digit growth in each of its end-market sectors.
Sandvik has added Sphinx Tools, which has customers primarily within the automotive, aerospace and medical segments.
Dana Duckworth joins the distribution supply chain and procurement services provider.
Wichita-based MEM Industrial is Kansas’ largest U.S. motor stocking distributor.
Industry veteran Scott Shimel has joined the Tulsa, Oklahoma-based metalworking and MROP supplies distributor.
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Kristen Abbas joins the group to head the management, implementation, innovation and expansion of AD's meeting and network ecosystem.
It was a notable acceleration from the building products distributor's 1Q growth, achieving company records in sales, profit and profit margin.
