Wajax’s Industrial Parts Revenue Slides in 1Q
The company reported sales growth in 1Q25, driven by increased equipment sales, though profit and margins declined.
Wajax’s Industrial Parts Revenue Slides in 1Q Read More »
Wajax
Wajax 2024 Revenue Falls 2.6% Amid Challenging 2nd Half
The company reported an increase in 4Q sales, despite margins and profits declining amid “increased market pressures” and economic uncertainty.
Wajax 2024 Revenue Falls 2.6% Amid Challenging 2nd Half Read More »
MDM Podcast: How Wajax Bulked Up its Product Offering with Service
Wajax Corp. has bolstered its Industrial Parts unit during Iggy Domagalski’s first two years as CEO, and he stopped by to discuss its key drivers. We also discussed tech initiatives, PPE enhancements, industry tailwinds and headwinds.
MDM Podcast: How Wajax Bulked Up its Product Offering with Service Read More »
Wajax 3Q Industrial Parts Revenue Jumps 19%
Companywide, Wajax said 2023 third quarter revenue was $369.13 million (USD), up 8.3% over the same period in 2022.
Wajax 3Q Industrial Parts Revenue Jumps 19% Read More »
Wajax Acquires Ontario’s Beta Fluid Power & Beta Industrial
It’s the distributor’s second deal in as many months, further boosting its Industrial Parts and Engineered Repair Services business units.
Wajax Acquires Ontario’s Beta Fluid Power & Beta Industrial Read More »
Earnings Roundup: MRC, Beacon, DSG, Wajax & More
See the key financial figures reported by five major industrial distributors.
Earnings Roundup: MRC, Beacon, DSG, Wajax & More Read More »
Hitachi Partnership Propels Wajax to Record Revenue in 2022
Fourth quarter revenue in Wajax’s Industrial Parts segment rose 26.9% year-over-year.
Hitachi Partnership Propels Wajax to Record Revenue in 2022 Read More »
Wajax’s ‘Excellent’ 3Q Includes 17.3% Rise in Revenue
The Canadian industrial distributor says it continued to see overall strength in its backlog, which increased to more than $558 million.
Wajax’s ‘Excellent’ 3Q Includes 17.3% Rise in Revenue Read More »
Earnings Roundup: Distribution Solutions Group, DXP, Veritiv & More
Distribution Solutions Group had its inaugural earnings report following the April 1 merger of Lawson Products, TestEquity and Gexpro Services.
Earnings Roundup: Distribution Solutions Group, DXP, Veritiv & More Read More »
July 2022 M&A Roundup: Momentum Carries into Year’s Second Half
Following a period that reenergized the pace of M&A activity, deals involving packaging companies and international entities kept a brisk pace.
July 2022 M&A Roundup: Momentum Carries into Year’s Second Half Read More »
Wajax Subsidiary Acquires Powell Valve
Tundra Process Solutions Ltd. acquired the valve business Powell Canada Inc., which specializes in valve sales, service and support.
Wajax Subsidiary Acquires Powell Valve Read More »
Wajax 1Q Revenue Jumps 13.5%
The industrial distributor reported 2022 first-quarter revenue of $439.5 million, up from $387.1 million in 1Q 2021.
Wajax 1Q Revenue Jumps 13.5% Read More »
Wajax CEO to Retire at End of 2021
Canadian industrial service provider Wajax Corporation on Tuesday announced that Mark Foote will retire as president and CEO on Dec. 31.
Wajax CEO to Retire at End of 2021 Read More »
Wajax Expands Direct Distribution Agreement With Hitachi
The expansion of the relationship between Wajax and Hitachi is expected to strengthen the competitive positioning of both companies in the Canadian construction and mining markets.
Wajax Expands Direct Distribution Agreement With Hitachi Read More »
Wajax Sales Up 25% in 2Q
Sales for the Canadian distributor increased 8.2% in the first six months of 2021.
Wajax Sales Up 25% in 2Q Read More »
Wajax Acquires Tundra Process Solutions
Wajax’s addition of Alberta-based distributor for C$99.1 million (US$77.7 million) is expected to “provide meaningful growth in the corporation’s Engineered Repair Services and industrial parts categories.”
Wajax Acquires Tundra Process Solutions Read More »
