News
Latest
Breaking news in Wholesale Distribution
New NAW survey data show that sub-$100M distributors respond to cost pressure with a single blunt instrument, even as that pressure arrives through at least three different channels at once.
The private equity investment will provide BDI with additional capital and operational resources to support organic and acquisition-driven growth, while the distributor’s existing leadership team will retain a meaningful ownership stake.
BFS is leading a $25 million funding round for Digs and entered a five-year commercial agreement aimed at embedding the technology provider’s AI capabilities into the distributor’s digital ecosystem.
The technology distributor said the deal will add managed services and IT solutions capabilities across cloud, cybersecurity, data center and AI, while reporting double-digit sales and profit growth in its fiscal fourth quarter.
The auto parts supplier’s Chapter 11 case will convert to a Chapter 7 liquidation after a federal judge rejected its proposed creditor repayment plan, bringing First Brands’ nearly yearlong bankruptcy process toward a close.
QXO named a longtime Honeywell executive with a track record of leading multibillion-dollar industrial businesses and executing major acquisitions as its new COO.
The transition will include relocation of Fastening Products of Lancaster into the Lubker Distribution headquarter facility located in West Chester, PA.
The acquisition increases the building materials distributor's exterior cladding offerings and market coverage by adding EIFS and stucco products.
Corpus Christi, TX-based Martini Brick Sales distributes brick, block, stone and other masonry products.
Through the first six months of 2026, the cutting tool industry has logged significant double-digit growth due to raw material prices skyrocketing.