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Industry News
Gross margin held steady sequentially despite pricing moderation as Fastenal pointed to continued improvement in end market demand.
The Series B brings InstaLILY’s total funding to nearly $100 million as the AI provider expands technology designed to build and maintain customized software for distributors and other operationally complex businesses.
The century-old contractor equipment and concrete supplies distributor will add four Iowa locations and expand White Cap’s product and service capabilities across portions of the Midwest.
The electrical supplies giant adds more than 200 employees and specialized manufacturing, component distribution and supply chain capabilities serving OEMs in data center, automation and other critical infrastructure markets.
The automation and compressed air products distributor’s latest acquisition adds more than five decades of pneumatic and fluid power expertise while expanding Tavoron’s geographic reach into the Pittsburgh and Cleveland markets.
Ferguson’s largest acquisition in years would add approximately $1 billion in annual revenue, more than 60 locations and extensive valve automation, repair and technical capabilities — significantly expanding its position in industrial flow control markets.
The fluid transfer and sealing products distributor adds taps an executive who has spent the past decade in CFO roles at private equity-owned businesses.
Month-over-month orders declined for a second straight month, but to a much smaller degree than April, while year-over-year totals remain robust. Get the key figures and context here.
Canada-based manufacturer/distributor Richelieu expects acquisitions completed so far in fiscal 2026 to add $45 million in annual sales.
OMNIA Partners said 10 new suppliers have joined its OPUS eCommerce procurement platform, expanding its online catalog to more than 8 million SKUs across nearly 200 product categories.
The Germany-based distributor cited a continued challenging economic environment as weighing on markets, though its sales and profits accelerated in 2026' first half.
The number of units shipped decreased for a second straight month after rising in March and February.
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