No MDM Update Newsletter Friday
MDM won’t deploy an Update newsletter on Friday amid the Fourth of July holiday in the U.S., so it’ll be back on Monday.
No MDM Update Newsletter Friday Read More »
News
Cleaning Solutions Supplier Zep Sold from One PE Firm to Another
Middle market private equity firm Truelink Capital Management acquired maintenance and cleaning manufacturer and distributor Zep.
Cleaning Solutions Supplier Zep Sold from One PE Firm to Another Read More »
The Hoser Network Adds 4 New Distributor Members
The IDCO co-op adds hose, fittings and fluid power distributors in California and the Midwest.
The Hoser Network Adds 4 New Distributor Members Read More »
Graybar Names AI & Digital Transformation Leader; Extends Credit Facility
Graybar moves forward with a multi-year business transformation, which includes investment in artificial intelligence and other technologies.
Graybar Names AI & Digital Transformation Leader; Extends Credit Facility Read More »
LindFast Solutions Promotes Former Wesco Exec to CEO
The fasteners master distributor has a new top leader.
LindFast Solutions Promotes Former Wesco Exec to CEO Read More »
CGC to Acquire Imperial Building Products in Canada
Gypsum-based building products maker and distributor CGC is set to gain a fellow Canadian-based supplier of steel studs.
CGC to Acquire Imperial Building Products in Canada Read More »
ISA Announces 2025-2026 Board, Headed by Kennametal Sales Leader
The group of 14 executives and directors span a wealth of industry experience and insight for ISA’s strategic direction.
ISA Announces 2025-2026 Board, Headed by Kennametal Sales Leader Read More »
Purvis Acquires Johnson Bearing in Nevada
Sparks, NV-based Johnson Bearing & Supply strengthens Purvis’ operations in the Western U.S.
Purvis Acquires Johnson Bearing in Nevada Read More »
Graybar’s Valin Acquires Burns Controls in Dallas
Industrial distributor Valin boosts its already robust motion control and automation product portfolio with the addition of Burns Controls.
Graybar’s Valin Acquires Burns Controls in Dallas Read More »
U.S. Construction Spending Fell 0.3% During May; 3rd Straight Decline
Construction spending declined in May, driven by continued softness in both residential and nonresidential private construction.
U.S. Construction Spending Fell 0.3% During May; 3rd Straight Decline Read More »
June Manufacturing PMI Shows First Improvement in 4 Months
U.S. manufacturing activity remained in contraction during June for a fourth straight month, but the improvement topped economists’ expectations and snapped three straight months of monthly decline.
June Manufacturing PMI Shows First Improvement in 4 Months Read More »
Stanley Black & Decker to Have New CEO Oct. 1
Stanley B&D announced a leadership transition, with a new President and CEO set to take over as Donald Allan steps into the role of Executive Chair.
Stanley Black & Decker to Have New CEO Oct. 1 Read More »
MSC Industrial 3Q Profit Falls 21% Despite Margin Uptick
The company reported a year-over-year sales decline but sequential improvement, and its March achieved the company’s best average daily sales in 19 months.
MSC Industrial 3Q Profit Falls 21% Despite Margin Uptick Read More »
Frozen Food Supplier Williams Distributor Goes Private
Based in Washington, Williams Distributor is a family-owned supplier of food products, including ice cream, frozen pizza and other frozen foods.
Frozen Food Supplier Williams Distributor Goes Private Read More »
Worthington Enterprises Expands Building Systems with Elgen Acquisition
New Jersey-based Elgen is a manufacturer and designer of HVAC parts, components, ductwork and structural framing.
Worthington Enterprises Expands Building Systems with Elgen Acquisition Read More »
Parker Hannifin to Acquire Curtis Instruments
Parker Hannifin agreed to acquire Curtis Instruments for $1 billion in cash to expand its electrification capabilities.
Parker Hannifin to Acquire Curtis Instruments Read More »
Distribution Solutions Group Taps Former Global Industrial CEO to Lead TestEquity
Distribution Solutions Group has named a new CEO for TestEquity, effective July 14, as part of a planned leadership transition.
Distribution Solutions Group Taps Former Global Industrial CEO to Lead TestEquity Read More »
The Home Depot Enters into Agreement to Acquire GMS
GMS has agreed to be acquired by The Home Depot’s subsidiary SRS Distribution for $110 per share, topping a rival bid and valuing the deal at $5.5 billion.
The Home Depot Enters into Agreement to Acquire GMS Read More »
Sonepar Removes Interim Title for Canada President
Sonepar Canada has confirmed its interim president in the role permanently, with leadership based in the company’s Laval office.
Sonepar Removes Interim Title for Canada President Read More »
Palmdale Propane Acquires Fellow Distributor Gatorgas
Based in Florida, Gatorgas is a distributor of propane services to residential and commercial customers across Central Florida and the Gulf Coast.
Palmdale Propane Acquires Fellow Distributor Gatorgas Read More »
