The deal adds a Mokena, IL-based industrial automation and electrical distributor about $330 million in 2025 annual turnover.
Rexel USA to Acquire Revere Electrical Supply, Add 10 Midwest Branches Read More »
Japan-based NSK and NTN announced plans to pursue a business integration through a joint holding company, a move that would create one of the world’s largest bearing and power transmission suppliers with combined annual revenue approaching $12 billion.
Bearings Makers NSK, NTN Sign MoU for Joint Business Integration Read More »
SupplyHouse has appointed its first general counsel as the fast-growing eCommerce-based distributor builds legal and governance infrastructure to support continued expansion across its plumbing, HVAC and electrical supply business.
SupplyHouse Names First General Counsel to Support Growth Strategy Read More »
Colonial Oil Industries is one of the largest independent oil distributors in the U.S., primarily serving the Southeast.
Colonial Oil Acquires Atkinson Oil in Georgia Expansion Read More »
A proposed class-action lawsuit filed in federal court accuses Ace Hardware and software provider Epicor of orchestrating a long-running scheme to coordinate retail pricing and allocate local markets among thousands of Ace-affiliated stores nationwide.
While inflation is a major tailwind, a sustained increase in average order value above inflation continues to point to increased demand.
March Metalworking Machinery Surge Read More »
Frontloading on petroleum products ahead of price shocks tied to the Iran war skewed the industry’s overall figures, but here, view product vertical-specific figures for monthly and year-over-year sales, inventories and inventory/sales ratios pulled from the Census Bureau’s latest wholesale trade report.
Oil & Gas Drives March Jump in March U.S. Wholesale Inventories & Sales Read More »
It comes about two months after distributors completed their merger to create a company with more than $10 billion in annual revenues and 13,000 employees.
Imperial Dade, BradyPLUS Rebrand Combined Company as Imperial Brady Read More »
The now-combined company also provided an update on MRC’s integration, and ERP system migration that has seen major challenges since launched in November.
DNOW Acquires Edge Controls for $46M, Completes First Quarter with MRC Global Read More »
The company’s Innovative Pumping Solutions segment continues to see substantial year-over-year expansion.
DXP Posts More Solid Growth in 1Q Read More »
Solid housing construction spend more than offset a second straight nonres decline. Get the full numbers and growth/decline changes here.
March U.S. Construction Spending Rebounds, though NonRes Slips Read More »
Sales and margin growth well-exceeded the market’s expectations and that of Grainger itself, with the company attributing it to both pricing and volume.
Grainger Blows Past 1Q Expectations with Robust Sales & Margin Growth Read More »
Ferguson formed a strategic alliance with Contractor Commerce to help contractors modernize online sales, offering self-service buying tools, AI-powered search visibility and eCommerce capabilities directly through contractor websites.
Ferguson Inks Partnership to Expand Contractors’ Digital Sales Capabilities Read More »
Same-day sales were up mid-single digits vs. February alongside a solid year-over-year gain.
HARDI Distributors See Strong March Sales Growth Read More »
It was the company’s 10th straight month of double-digit daily sales grwoth year-over-year and its best month since August 2022 in the height of post-COVID market recovery. We give a full breakdown of Fastenal’s April sales metrics here and the context around them.
Metrics: Fastenal’s Sales Acceleration Rolls Through April Read More »
It’s already been a busy year for GME, which made a CEO succession in January and appointed a new COO in April.
GME Supply Acquires Lifting, Telecom Distributors in NY, NM Read More »
The MRO supplies distributor’s gross margin narrowly dipped year-over-year, though profits saw double-digit growth.
Global Industrial 1Q Sales Jump 9% as Margin Holds Read More »
Hi-Force is a designer and manufacturer of high-pressure hydraulic tools, heavy lifting systems and torque/tensioning equipment.
Snap-on Acquires U.K. Hydraulic Tools & Lifting Manufacturer for $58M Read More »
It nets Ferguson nearly two dozen branch locations between two traditional distributors and four manufacturers rep agencies in for the company’s Waterworks, HVAC and Industrial units. We detail who these six companies are here.
Ferguson Inks 6 More Acquisitions, Adding $350M in Revenue Read More »
Ferguson posts margin expansion and profit growth in its fiscal first quarter, even as residential end markets remained challenged.
Ferguson 1Q Margins Expand as Volume Remains Slightly Negative Read More »
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