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.
Industry News
Rithum is a Georgia-based global commerce solutions provider that enables retailers and suppliers to deliver third-party commerce experiences.
Jacksonville, FL-based Miller Electric is a provider of electrical services expected to generate approximately $805 million in 2024 revenue.
December marked the first monthly increase since September, as output in most nondurable categories increased.
The company ended the year with its worst daily sales growth month since mid-pandemic, though quarterly growth still accelerated.
The company said the new DC will support its at-Home Solutions business and improve the delivery of medical supplies to patients nationwide.
Value Added Distributors is a Wisconsin-based provider of hoses, tubes, seals, couplings and related products for specialty vehicle OEMs.
The company has appointed a new president for its Infrastructure segment to lead strategy and growth initiatives.
Grand Rapids, MI-based Sparks Belting Company is a manufacturer and distributor of process conveyor systems, accessories and power transmission products.
Auckland-based Flintfox is a provider of automated pricing solutions.
The firm combined its portfolio companies AMP and AHS, bringing together over 200 years of experience in material processing and handling solutions.
Kendall Lumber is a building materials distributor that will be joining the Kodiak company Simonson Lumber in Minnesota.
The letter shares full details of QXO's offer and claims Beacon has intentionally taken actions to "frustrate a transaction." Beacon responds.
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