Clik here to view.
Hilman Announces CEO Succession, Posts Flat 2Q Sales
Fasteners and other hardware products distributor Hillman Solutions reported its 2024 second quarter financial results and two leadership changes on Aug. 6. New Leadership The Cincinnati-based company...
View ArticleBuilders FirstSource 2Q Sales Slide as Organic Weakens
Building materials distributor Builders FirstSource reported its 2024 second quarter financial results on Aug. 6, showing a downward trend after sales growth in the first quarter. The Irving, TX-based...
View ArticleClik here to view.
Beacon Acquires Distributors in New Jersey, Vancouver
Roofing, waterproofing and related exterior products distributor Beacon announced a pair of acquisitions on Aug. 2: SSR Roof Supply and Passaic Metal and Building Supplies (PAMPCO). Terms of the...
View ArticleTopBuild Distribution Sales Up 3.2% in 2Q
Insulation installer and specialty distributor TopBuild reported its 2024 second quarter financial results on Aug. 6, showing an improvement in net sales. Daytona Beach, FL-based TopBuild reported...
View ArticleClik here to view.
ABC Supply Acquires American Building Materials in L.A.
Wisconsin-based roofing, exterior and interior products distributor ABC Supply acquired American Building Materials, which does business as Premiere Roofing Supply LLC. Terms of the transaction were...
View ArticleMRC Global YoY Sales Declines Continue, but EBITDA Improves
Industrial PVF and infrastructure supplies distributor MRC Global reported its 2024 second quarter financial results on Aug. 6, showing a sequential sales improvement while year-over-year declines...
View ArticleClik here to view.
Kennametal Appoints New Metal Cutting Leader
Pittsburgh, PA-based metalworking products manufacturer Kennametal appointed David Bersaglini as Vice President of the company and President of its Metal Cutting segment, effective Aug. 26. David...
View ArticleDNOW 2Q Sales Rise 6.6%
Houston-based oilfield products distributor DNOW reported its 2024 second quarter financial results on Aug. 7, showing a year-over-year increase in sales, after decline in 1Q24. The company posted 2Q...
View ArticleClik here to view.
Harrington Acquires Cortrol Process Systems in Tulsa
Chino, CA-based industrial flow control products distributor Harrington Process Solutions acquired Cortrol Process Systems. Terms of the transaction were not disclosed. Tulsa, OK-based Cortrol provides...
View ArticleClik here to view.
MDM Podcast: The Keys to Wesco’s Digital Initiatives
Electrical supplies distributor Wesco has been outspoken about its ongoing digital transformation, which really ramped up in mid-2020 upon the company’s 4.5 billion-dollar acquisition of Anixter...
View ArticleClik here to view.
D&L Parts Acquires Fellow HVAC & Appliance Parts Distributor Cashwell
Appliance repair parts and HVAC distributor D&L Parts Company (D&L) acquired Cashwell Appliance Parts (Cashwell). Terms of the transaction were not disclosed. A fellow HVAC and appliance parts...
View ArticleAvnet Ends Fiscal 2024 with 10.5% Annual Sales Decline
Electronic components distributor Avnet reported its 2024 fourth quarter and full-year 2024 fiscal results on Aug. 8, showing that annual sales declined 10.5% in 2024. Avnet posted total 4Q sales of...
View ArticleClik here to view.
ORS Nasco Sold from One Equity Partners to Wynnchurch Capital
Rosemont, IL-based Wynnchurch Capital, L.P. acquired MRO supplies master wholesaler ORS Nasco from One Equity Partners. Terms of the transaction were not disclosed. ORS Nasco serves distributor...
View ArticleClik here to view.
BlackHawk Appoints Fasteners Implementation Manager
Metalworking and industrial products distributor BlackHawk Industrial appointed Perry Atchley to the newly-created position of Fasteners Implementation Manager. Perry Atchley Perry Atchley worked as a...
View ArticleClik here to view.
MDM Adds Firepower with New Associate Editor
Modern Distribution Management (MDM) — a leading research, analytical and educational provider in wholesale distribution — has gained editorial strength with the hiring of Anna Debiec as the...
View ArticleClik here to view.
Imperial Dade Acquires Excell Direct in Phoenix
New Jersey-based foodservice, packaging supplies, industrial products and janitorial supplies distributor Imperial Dade acquired Excell Direct in its latest bolt-on addition. Terms of the transaction...
View ArticleWajax’s Industrial Parts Sales Slide 5% in 2Q
Heavy machinery and industrial parts distributor Wajax announced its 2024 second quarter financial results on Aug. 8, showing a decline in sales offset by an improvement in gross margin. Mississauga,...
View ArticleFormer Steel Distributor Exec Pleads Guilty to Price-Fixing
A former executive of a steel distributor in San Juan, Puerto Rico has pleaded guilty to conspiring with competitors to fix prices for reinforcing bar (rebar). According to the U.S. Department of...
View ArticleHenry Schein Notes Slower Recovery from Cyberattack, Cuts Outlook
Healthcare products distributor to dental offices and medical consumers Henry Schein reported its second quarter financial results on Aug. 6, in which the company cited a slower-than-expected recovery...
View ArticleClik here to view.
Endries Adds Digikey Exec as VP of Operations
Brillon, WI-based fasteners distributor Endries appointed Jeff Poulos as its Executive Vice President of Operations. Poulos previously worked at electronics distributor Digikey as VP of Order...
View Article