News
Latest
Breaking news in Wholesale Distribution
The news comes two months after Rubix appointed a new CEO.Â
It follows the toolmaker having a new CEO at the start of October.
The safety and productivity equipment distributor is promoting its COO to chief executive, while its current CEO will become executive chairman.
The distributor posted its fifth straight month of double-digit daily sales gains despite a soft demand backdrop and topped analysts’ expectations, powered by acceleration in heavy manufacturing.
The acquisition strengthens FNA's parts and accessories portfolio and expands distribution capabilities across North America.
Walter adds a prominent supplier of coated abrasives based in Virginia Beach, VA.
Distributor inventories remain elevated after flattish demand this year.
DXP continues its acquisition spree with its fifth purchase of 2025, netting approximately $37 million of additional annual revenue.
Fastco Canada will lead product development and strategic positioning, while parent company Groupe Touchette will manage market deployment and customer support.
Border States has been an AD member since 1985.
