How Distributors Can Optimize Delivery Visibility
Every distributor has had the frustrating experience of preparing a load for pickup only to discover that the driver isn’t showing up. This has consequences for the entire operation, as resources...
View ArticleClik here to view.
Novvia Acquires Fellow Packaging Distributor Saxco
Missouri-based rigid packaging distributor Novvia Group — backed by private equity firm Kelso & Company — agreed to acquire Saxco International. Terms of the transaction were not disclosed. Take...
View ArticleClik here to view.
RS Appoints Margin, Pricing & Procurement Leader
Industrial automation and control distributor appointed Abhishek Singh to Vice President of Margin Management, Pricing & Procurement. Abhishek Singh Singh brings more than 16 years of experience in...
View ArticleClik here to view.
Ferguson Promotes Waterworks SVP to COO
Plumbing, HVAC and industrial supplies distributor Ferguson promoted Bill Thees to Chief Operating Officer, effective Feb. 1. According to a Jan. 13 8-K SEC filing, Thees’s responsibilities will expand...
View ArticleClik here to view.
BradyPlus Partners with RELEX for AI-Powered Forecasting, Replenishment
JanSan, foodservice and industrial packaging distributor BradyPLUS has partnered RELEX Solutions for AI-driven forecasting and replenishment capabilities. BradyPLUS has over 180 locations across North...
View ArticleClik here to view.
Motion to Acquire M.B. McKee in Northwest Texas
MRO replacement parts distributor Motion agreed to acquire the assets of M.B. McKee Company. Terms were not disclosed, but the transaction is expected to close at the end of January. Founded in 1943,...
View ArticleShingle & Gibb Automation Appoints New President
Featured image courtesy of Shingle & Gibb Automation Linkedin Industrial automation distributor Shingle & Gibb Automation — owned by Graybar — promoted Lawrence Ferracci to the position of...
View ArticleClik here to view.
JanSan Distributor TEC Services Gains Private Investment
JanSan supplies distributor TEC Services received a private investment from investment firm Braemont Capital. Terms of the transaction were not disclosed. Columbia, MD-based TEC provides...
View ArticleClik here to view.
Imperial Dade Acquires S. Freedman & Sons in Maryland
Foodservice, packaging supplies, industrial products and janitorial supplies distributor Imperial Dade acquired S. Freedman & Sons, Inc. Terms were not disclosed, but the transaction marks Imperial...
View ArticleClik here to view.
Advanced Lubrication Specialties Acquires Chemlube International
Lubricant manufacturer Advanced Lubrication Specialties (ALS) agreed to acquire the assets of Savannah, GA-based Chemlube International lubricants division. Terms were not disclosed, but the...
View ArticleClik here to view.
Auveco Appoints Former Summit Electric, ISA Leader Gerberg as CEO
Automotive and industrial fasteners manufacturer and distributor Auveco appointed Edward (Ed) Gerber as CEO, effective Jan. 6. Cold Spring, KY-based Auveco is a distributor of automotive fasteners for...
View ArticleClik here to view.
QXO Readies Proxy Fight for Beacon, Issues Open Letter to Chairman
Back on Nov. 18, the Wall Street Journal reported that QXO — the building materials distribution platform started in late 2023 by Brad Jacobs — had made an offer to buy Beacon Roofing Supply. At the...
View ArticleClik here to view.
Kodiak BP Acquires Kendell Lumber in Minnesota
Building materials distributor Kodiak Building Partners acquired Minnesota-based Kendell Lumber. Terms of the transaction were not disclosed. Established in 1963, Kendell Lumber is a distributor of...
View ArticleClik here to view.
May River Capital Mergers 2 Material Processing & Parts Suppliers
Chicago-based middle-market private equity firm May River Capital announced the merger of its portfolio companies Advanced Material Processing (AMP) and Automated Handling Solutions (AHS). AMP and AHS...
View ArticleRebate Management Provider Enable Acquires Pricing Engine Flintfox
San Francisco-based rebate management leader Enable announced it acquired Flintfox. Terms of the transaction were not disclosed. Auckland, New Zealand-based Flintfox is a service provider that enables...
View ArticleClik here to view.
Belt Power Acquires Sparks Belting in Michigan
Marietta, GA-based conveyor systems belting and components distributor and fabricator Belt Power acquired the U.S. assets of Grand Rapids, MI-based Sparks Belting Company. Terms of the transaction were...
View ArticleClik here to view.
Kennametal Appoints New Infrastructure Leader
Pittsburgh, PA-based metalworking products manufacturer Kennametal promoted Faisal Hamadi to President of the company’s Infrastructure segment, effective Jan. 20. Hamadi currently holds the position of...
View ArticleCardinal Health to Add DC, Consolidate 2 Others in Fort Worth
Pharmaceuticals, medical and laboratory products distributor Cardinal Health will open a new distribution center in Fort Worth, TX. The 340,000-square-foot facility will support the company’s at-Home...
View ArticleSurvey: Most Family-Owned Distributors Maintain Confidence in Succession Plans
We surveyed nearly 130 family-owned distributors this past Summer to learn about their priorities and challenges. Here, we analyze the results of our polling about succession planning. The post Survey:...
View ArticleFastenal 2024 Sales Totaled $7.5B as Margin Flattened
Industrial and construction supplies distributor Fastenal reported its December sales metrics, fourth quarter and full-year 2024 sales on Jan. 17, showing a decline in December daily sales growth...
View Article