A potential transaction would likely be a merger of Bentley with Schneider’s software business and be valued at over $15 billion.
Schneider Electric, Bentley Systems Discussing Potential Deal Read More »
Middle market private equity firm One Equity Partners acquires lifting, material handling and safety product distributor and manufacturer.
Ballymore Safety Sold from Graycliff to One Equity Partners Read More »
The distributor is adding over 1,000 new products to its current inventory of 6,000 items alongside advanced logistics solutions.
L.A.’s Ace Industrial Shares Product Expansion Plans Read More »
After a weak finish to 2023, the industry saw rebounds in monthly orders and shipments in the first two months of 2024.
February U.S. Cutting Tool Orders Up 9% YoY Read More »
Reading, PA-based Fromm launched an engineering and fabrication division to serve manufacturers and electrical contractors.
Electrical Distributor Fromm Launches Services Division Read More »
Wisconsin-based tool manufacturer Snap-on posted 1Q24 sales of $1.18 million, a modest organic sales decline.
Snap-on Posts Flat 1Q Sales, Higher Profit Read More »
The cooperative has honored its top distributors and manufacturers for their achievements and contributions over the past year.
IDCO Names 2023 Distributor, Supplier of the Year Read More »
Motion continued to see sales growth and strong renewal rates with corporate account customers, which comprise about 45% of business.
Motion’s 1Q Sales Fell 2.2% as Profits Rose Read More »
President Biden wants to raise the tariff rate on certain Chinese steel and aluminum imports to cut out “unfair competition”.
Biden Calls for Tripling of Chinese Steel Tariffs Read More »
PTE Drives is a family-owned power transmission & bearings products distributor with a single location.
Purvis Industries Acquires PTE Drives in Akron Read More »
The accolade recognizes outstanding commitment to advancing the development and influence of women in the industrial supply channel.
NetPlus’ Jennifer Murphy Earns ISA Women’s Influence Honor Read More »
It comes just a week after the construction supplies distributor announced an acquisition in Oklahoma.
White Cap Acquires Bend Construction Supply in Oregon Read More »
Adding five branches across Nebraska, Iowa and North Dakota, it’s the fourth acquisition Beacon has announced in 2024.
Beacon Grows in Midwest, Acquires General Siding Supply Read More »
Boeing will now distribute about 1,000 additional actuation and propulsion system products.
Boeing, Ontic Ink Actuators & Propulsion Distribution Deal Read More »
The addition of Texas-based wire and cable maker Encore Wire will enhance Prysmian’s North American presence and product portfolio.
Italy’s Prysmian to Buy Encore Wire in $4.2B Deal Read More »
Snap One – a manufacturer and distributor of of smart-living products and services – will be integrated into Resideo’s ADI Global Distribution unit.
Resideo to Acquire Snap One in $1.4B Deal, Boosting ADI Unit Read More »
It boosts the MROP supplies distributor’s Midwest footprint as its sixth acquisition in five years.
Martin Supply Acquires Trinity Hardware in Southeast WI Read More »
Local media cited financial troubles leading to buyer backing out of purchasing the hand tool maker’s Bushnell, IL plant.
150-Year-Old Vaughan Plant Closing after Nixed Buyout Read More »
United Hardware locations will maintain brand identities, allowing them to retain autonomy within the co-operative framework.
Do it Best, United Hardware Complete Merger Read More »
The additional increases Singer Industrial’s North America footprint to over 100 locations with over 1,400 employees.
Singer’s Dakota Fluid Power Expands to Omaha Area Read More »
By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.
Wholesale distribution news and trends delivered right to your inbox.
Sign-up for our free newsletter and get:
