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NEFCO Makes Midwest Splash, Acquires Total Tool Supply in MN
Construction and contractor supplies distributor NEFCO has significantly expanded in a big way, announcing the acquisition Total Tool Supply (Total Tool). Terms of the transaction were not disclosed....
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Using AI in Your Day-to-Day: A Board Director’s Guide
Editor’s Note: This article is republished with permission from its original version on Private Company Director. In boardrooms everywhere, the conversation around AI is heating up. We’ve seen...
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Imperial Dade Acquires California Janitorial Supply Corp.
Foodservice, packaging supplies, industrial products and janitorial supplies distribution Imperial Dade acquired California Janitorial Supply Co. Terms of the transaction were not disclosed. This is...
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OX Tools Acquires Tracer Tools in U.K.
New South Wales, Australia-based hand tools, diamond tools and safety products supplier OX Tools acquired Tracer Tools from England-based ROYD Tool Group UK. Terms of the transaction were not...
View ArticleBuilders FirstSource Sales, Margin, EBITDA All Slide in 3Q
Building materials distributor Builders FirstSource reported its 2024 third quarter financial results on Nov. 5, showing a decline in sales year-over-year driven by lower core organic sales. The...
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Wajax Industrial Parts Sales Sink 15% in 3Q
Heavy machinery and industrial parts distributor Wajax announced its 2024 third quarter financial results on Nov. 4 and announced the planned retirement of its chief financial officer. Mississauga,...
View ArticleHillman 3Q Sales Dip, but Profit & EBITDA Rise
Fasteners and other hardware products distributor Hillman Solutions reported its 2024 third quarter financial results on Nov. 5, showing a decrease in net sales while margins improved year-over-year....
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TopBuild 3Q Distribution Sales Improve 5%
Insulation installer and specialty distributor TopBuild reported its 2024 third quarter financial results on Nov. 5, showing the highest level of quarterly sales and profit in the company’s history. A...
View ArticlePE Firm Offers $1.4B for Machine Parts Distributor OEM International
Sweden-based machinery components distributor OEM International AB confirmed on Nov. 5 that it has received a public takeover offer from private equity firm EQT AB for $1.4 billion. The offer...
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Distributor Mill Steel Acquires Maryland Metals Processing
Grand Rapids, MI-based flat-rolled steel distributor Mill Steel Co. acquired Maryland Metals Processing (MMP). Terms of the transaction were not disclosed. Baltimore, MD-based MMP is a stainless and...
View ArticleMRC Global 3Q Sales Slide, Margin Narrows
Industrial PFV and infrastructure supplies distributor MRC Global reported its 2024 third quarter financial results on Nov. 5, showing a decline in sales, both year-over-year and sequentially. The...
View ArticleDXP 3Q Sales, Profit & EBITDA Rise in 3Q
Houston-based pumping solutions and industrial supplies distributor DXP Enterprises reported its 2024 third quarter financial results on Oct. 31, showing an increase in sales, both year-over-year and...
View ArticleParker Hannifin Completes Sale of Composites Unit
Filtration, fluid connectors and motion control products Parker Hannifin completed the previously announced divestiture of its North American Composites and Fuel Containment Division (CFC) to SK...
View ArticleFastenal Daily Sales Growth Slows in October
After daily sales accelerated throughout 2024’s third quarter, Fastenal appeared primed for continued growth momentum into 4Q, but the company’s October sales report showed that wasn’t quite the case....
View ArticleKennametal 1Q Organic Sales Down 2%, Profit Slides
Kennametal reported its 2025 first quarter results on Nov. 6 for the period ended Sept. 30, which showed a decline in sales, both year-over-year and sequentially. The metalworking and tooling products...
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Shrieve Chemical Acquires Connection Chemical
The Woodlands, TX-based value-added chemicals distributor Shrieve Chemical Company — a portfolio of Gemspring Capital — acquired Connection Chemical, LP (Connection). Terms of the transaction were not...
View ArticleInvestment Bank Insights: Private Equity’s Role in M&A, Pt. 1
To continue reading this article you must be a paid subscriber. Subscribe to MDM Already Subscribed? Click here to log-in | Forgot your password?NAW Member? Click here to log-inThe post Investment Bank...
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ABB Adds Pump Motors Maker Aurora
Electrification and automation manufacturer ABB agreed to acquire Aurora Motors. Terms of the transaction were not disclosed. Hayward, CA-based Aurora Motors is a provider of vertical pump motors,...
View ArticleDNOW 3Q Sales Rise 3%, but Margin & Profit Fall
Houston-based oilfield and PVF products distributor DNOW reported its 2024 third quarter financial results on Nov. 7, showing year-over-year sales growth despite “project delays in the period.” The...
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DSG Expands into Illinois with Peoria Pump Acquisition
Minnesota-based electrical and industrial supplies distributor DSG acquired Peoria Pump, effective Nov. 4. Terms of the transaction were not disclosed. Established in 1947, Peoria Pump is a distributor...
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