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USESI’s Walters Acquires 2 Distributors Near Los Angeles
Electrical supply distributor Walters Wholesale Electric — a subsidiary of U.S. Electrical Services Inc. (USESI) — acquired Desert Electrical Supply and Pomona Wholesale Electric. Terms of the...
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PIP Buying Honeywell’s PPE Unit for $1.3B
Protective Industrial Products (PIP) is set to acquire the Personal Protective Equipment business from Honeywell for $1.325 billion in an all-cash transaction. The deal is expected to close in the...
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Report: Quikrete to Buy Summit Materials
Atlanta, GA-based Quikrete is in advanced talks to acquire Summit Materials, according to a Nov. 21 Wall Street Journal report that cited people familiar with the matter. The “people” told the WSJ an...
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September Cutting Tool Orders Fell 10% MoM
September 2024 U.S. cutting tool consumption totaled $188.7 million, according to the latest Cutting Tool Market Report (CTMR) published by the U.S. Cutting Tool Institute and the Association for...
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HECO Adds Warwood Armature Repair & WARCO Sales
Kalamazoo, MI-based rotating equipment distributor and services provider HECO acquired Warwood Armature Repair Company and its sales division, WARCO Sales. Terms of the transaction were not disclosed....
View ArticleDo it Best Closes True Value Acquisition
Fort Wayne, IN-based hardware, lumber and building materials cooperative Do it Best completed its acquisition of True Value. Terms of the transaction were not disclosed. True Value announced it was...
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Sonepar Appoints Sales, Marketing and CX Leader
Electrical supplies distributor Sonepar appointed Heather Naida to Senior Vice President of Marketing and Customer Experience at Sonepar USA. In this new role, Sonepar said Naida will drive the...
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Fluid Power Shakeup: Applied to Acquire Hydradyne
The fluid power supplies market is set for a consolidation splash out of Applied Industrial technologies. The Cleveland-based fluid power, power transmission and automation products distributor...
View ArticleSeamless and Sameness: What Really Matters in the Delivery of Self-Service?
Editor’s Note: This is the second installment in our ‘Executive Input’ blog series sponsored by DataXstream that extracts key takeaways from short interviews with distribution executives — often...
View ArticleComing Dec. 4 from MDM: A Wealth of Profitability Perspectives
Inflation has eased throughout 2024, making pricing less complicated for distributors compared to 2022-2023, but also providing far less of a revenue and profit tailwind while industrial demand...
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STAFDA Appoints 2025 Officers
The Specialty Tools & Fasteners Distributors Association (STAFDA) appointed leadership roles for 2025 during the group’s 48th Annual Convention & Trade Show, held Nov. 10-12 in Nashville, TN....
View ArticleQuikrete Cements $9.2B Purchase of Summit Materials
Just four days after a report first surfaced Quikrete and Summit Materials were in advanced talks for an acquisition, both companies shared that Quikrete is indeed buying Summit for $9.2 billion....
View ArticleFormerly WernerCo, ProDriven Opens Charlotte Innovation Hub
ProDriven Global Brands — rebranded earlier this year from WernerCo. — opened an innovation hub in Charlotte, NC. ProDriven, a manufacturer and distributor of pro-focused industrial, construction and...
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Blue Yonder Suffers Ransomware Attack, Disrupting Customers
Supply chain management software provider Blue Yonder revealed on Nov. 21 that its managed services hosted environment experienced disruptions due to a ransomware attack. The Arizona-based company...
View ArticleBuilders FirstSource Acquires Kleet Lumber on Long Island
Building materials distributor Builders FirstSource acquired Huntington, NY-based Kleet Lumber. Terms of the transaction were not disclosed. Kleet Lumber is a single-location distributor of lumber and...
View ArticleWhat a Data-Driven Distributor Looks Like
From our 2024 SHIFT event, three leading distributors share what it takes to build an effective data analytics team, how they’re putting it to use and the value of leveraging external data for...
View Article2024 MRO Market Trends: Navigating Through Change
U.S. MRO markets have shown incredible toughness over the past five years of turbulence. After experiencing a slight decline of 2% in 2020 overall, the market rebounded with two years of robust...
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H.I.G. Capital Acquires Northwest Pump and Equipment
Alternative investment firm H.I.G. Capital said an undisclosed portfolio company acquired Northwest Pump and Equipment Co. Terms of the transaction were not disclosed. Portland, OR-based Northwest Pump...
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DNOW Acquires Trojan Rentals
Houston-based PVF, MRO and industrial supplies distributor DNOW acquired Trojan Rentals LLC. Terms of the transaction were not disclosed. Headquartered in Odessa, TX and founded in 2016, Trojan offers...
View ArticleNovember M&A Recap: Big Deals for Applied, Wesco Lead Another Busy Month
Industrial distribution dealmaking activity posted another strong month in November 2024, with transaction volume on par with that of October. MDM reported 31 transactions in November — either pending...
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