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Breaking news in Wholesale Distribution
The global healthcare solutions company launched a private offering of $500 million aggregate principal amount of senior notes due 2030.
Veritiv says the food service packaging and janitorial supply distributor has signed an agreement to buy Veritiv Canada, Inc.
Brian Crowle will be responsible for developing and implementing turnkey material handling solutions, the company says.
An Associated Builders and Contractors analysis of Producer Price Index data shows construction input prices are up 24.4% from a year ago.
The Pacific Northwest building material center says it has reached an agreement in principle to acquire five-store chain Orofino Builders Supply.
The combined value for January, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,784.8 billion.
The company says the deal — the sixth acquisition completed by American Equipment since May 2021 — will further its national growth strategy.
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The company reported $6.5 billion in sales for the quarter ending Jan. 31, as core strengths drove market share gains in supportive end markets.
The distributor says it entered an accelerated share repurchase agreement with Citibank N.A to repurchase $125 million of Beacon’s common stock.
