M&A volume hasn’t completely returned to pre-COVID volume, but last month saw decent activity and some multibillion-dollar deals, including two in building materials & construction and one involving a distribution ERP provider.
August M&A Roundup: Mammoth Deals Highlight Busy Month Read More »
Following recent purchase of HD Supply Holdings’ White Cap division, private equity firm CD&R makes second big play in distribution with addition of major ERP provider.
CD&R to Acquire Epicor from KKR for $4.7 Billion Read More »
MRO distributor MSC Industrial Supply Co. named Kristen Actis-Grande to executive vice president and CFO.
MSC Industrial Supply Appoints CFO Read More »
It is not business as usual in distribution, as reflected by the most-read blogs on MDM.com this month.
Remote Sales and M&A Disruption: MDM’s Top Blogs of August Read More »
The U.S. Census Bureau on Friday released advance indicators showing that the international trade deficit increased and that wholesale inventories dipped in July.
Census Bureau Releases Two Advance Economic Indicators for July Read More »
Richard Landry named to key sales position at Sonepar-owned electrical distributor.
Crawford Hires Industrial Sales and Business Development Leader Read More »
For the second time in two weeks, the building materials and construction sector saw major consolidation with Builders FirstSource Inc.’s Thursday announcement that it would acquire BMC Stock Holdings Inc. in a $2.5 billion, all-stock merger. Here’s what we know about the deal so far.
More Shakeup in the Building Materials Sector Read More »
Packaging products supplier TricorBraun has agreed to acquire Price Container and Packaging, a rigid packaging distributor serving primarily the industrial and food markets.
TricorBraun to Acquire Price Container and Packaging Read More »
HARDI members also report Days Sales Outstanding (DSO) — a measure of how quickly customers pay their bills — hit a record low of 39 days during the month.
HARDI Distributors Report 8.4% Revenue Increase in July Read More »
The decrease in real GDP reflected decreases in PCE, exports, nonresidential fixed investment, private inventory investment, residential fixed investment, and state and local government spending that were partly offset by an increase in federal government spending.
Real U.S. GDP Down 31.7% in 2Q According to ‘Second’ Estimate Read More »
David Kinsella becomes president of Electrical–U.S. Division and Electrical-U.S. Supplier VP John Kudlacek plans to retire.
AD Announces New Leadership in Electrical-U.S. Division Read More »
Kaman Distribution Group taps former AD, Applied and Rexnord executive Robert Boyle as its VP of supply chain.
Kaman Distribution Appoints VP of Supply Chain Read More »
Combined company will account for more than $11 billion in annual sales with expectations of annual cost synergies of $130 million to $150 million by the third year.
Builders FirstSource to Acquire BMC Stock Holdings for $2.5 Billion Read More »
For the last six months, distributors have been dealing with an unprecedented disruption to their sales and business operations. The abrupt arrival of hurricane season is another reminder of the need for robust supply chain planning and an airtight disaster mitigation plan.
2020 About to Strike Again Read More »
Increase of manufactured durable goods is third in a row following the double-digit growth in May and high-single-digit growth in June, which had been preceded by two decreases during the height of the coronavirus crisis.
Advance Report: New Orders for Durable Goods Up 11.2% in July Read More »
Distributor sales continued to display strength in August beyond the normal month-ending uptick Indian River Consulting saw to close out July.
IRCG Pandemic Revenue Index Up 1.1% Read More »
Illinois-based electrical supplier Hartland Controls taps electrical controls industry veteran Mark McGough as its new president and CEO.
Hartland Controls Appoints Mark McGough as President & CEO Read More »
Latest data shows a 36.3% spike in home sales from the same month a year ago, giving distributors that sell building materials and other construction materials some much-needed good news.
Home Sales Soar in July Read More »
Electrical distributor grows into branch that’s 50% larger than current facility, which the company had operated since 2017.
E.B. Horsman & Son Moves Calgary Branch to New Location Read More »
Ludwig Meister took an uncommon path on its digital journey, beginning with the backend processes and then focusing on the front-facing, sales-friendly site. CEO Max Meister explains why.
Why Your Digital Journey Should be More than a ‘Fancy Website’ Read More »
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