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Prysmian’s $95-per-share agreement for Atkore would unite a major wire and cable producer with a broad portfolio of conduit, cable management and framing products, creating a larger North American supplier positioned around electrification and data center investment.
The deal expands Meritus’ presence in the Dallas-Fort Worth market, where it also added Greens Welding Supply earlier this year, and marks its third announced deal of 2026.
Trinity Hunt Partners launched Steadpoint Industrial Services with Northline Industrial as its foundational investment, establishing a new platform that provides aftermarket repair, field services and other MRO solutions.
Home Depot created an "Office of Pro Acceleration" to coordinate its expanding contractor-focused businesses, technology and fulfillment capabilities as it pursues a larger share of a $700 billion Pro market.
BLDR posted another quarter of broad sales and margin declines as housing affordability pressures weighed on single-family and multifamily construction. The distributor lowered its 2026 outlook while expanding cost actions and continuing to invest in value-added services.
The electrical distribution giant posted record sales and profitability across its portfolio, with data center growth again leading the way, while sharply raising its 2026 outlook and closing its Newark Engineering acquisition.
The headline figure came in below expectations as rising imports and weaker government spending weighed on growth, but a sharp acceleration in private domestic demand offered a considerably stronger underlying signal.
The Federal Reserve maintained its benchmark interest rate again, extending a pause that began in December. Three regional Fed presidents dissented in favor of raising rates as policymakers continued to emphasize elevated inflation.
SiteOne Landscape Supply posted higher second-quarter sales, profit and gross margin as acquisitions, pricing and commercial initiatives offset continued weakness in residential construction and repair-and-upgrade demand.
The manufacturer’s power tools and North American businesses returned to growth, while tariff refunds and productivity gains expanded margins and supported raised 2026 guidance.
