Watsco 1Q Sales Rise 34%
Miami-based HVACR distributor Watsco Inc. reported 34% sales growth to a record $1.52 billion for the first three months of 2022.
Watsco 1Q Sales Rise 34% Read More »
April 2022
6 Questions Distributors Can Ask to Improve Business Outcomes
How can companies enhance their bottom lines by employing better digital strategies? MDM chatted with Stellar Industrial Supply’s John Wiborg and Mass Ingenuity’s Aaron Howard during a recent webcast to answer this and similar questions facing distributors.
6 Questions Distributors Can Ask to Improve Business Outcomes Read More »
TriMas Declares Quarterly Dividend
The engineered and applied products manufacturer this past week declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock.
TriMas Declares Quarterly Dividend Read More »
Pentair 1Q Sales Reach $1B
The water treatment and sustainability provider says its 2022 first-quarter sales were up 15% compared to the same period last year.
Pentair 1Q Sales Reach $1B Read More »
Descartes Acquires Foxtrot for $4M
The Canada-based logistics provider announced it has acquired the provider of machine learning-based mobile route execution solutions.
Descartes Acquires Foxtrot for $4M Read More »
PoolCorp 1Q Sales Reach $1.4B
The company said net sales for the quarter were 33% above the same period in 2021, while operating income was $235.7 million.
PoolCorp 1Q Sales Reach $1.4B Read More »
AD Given ‘Top Workplace Award’ Again
It’s the fourth straight year the independent distributor organization has been recognized as a top workplace in the Delaware Valley.
AD Given ‘Top Workplace Award’ Again Read More »
Fastenal Expo: MDM’s All-Access Pass to the Innovative Distributor
MDM Executive Editor Mike Hockett recaps what he saw and learned at Fastenal Expo 2022, the distributor’s first in-person company showcase in three years.
Fastenal Expo: MDM’s All-Access Pass to the Innovative Distributor Read More »
Motion’s Sales, Profits Spike on KDG Acquisition
Months after subsidiary Motion acquired Kaman Distribution Group, Genuine Parts Company reported record sales of $5.3 billion during the first quarter of 2022.
Motion’s Sales, Profits Spike on KDG Acquisition Read More »
Avient to Acquire DSM for $1.485B
The provider of specialized material solutions said it has entered into an agreement with Royal DSM to purchase DSM Protective Materials.
Avient to Acquire DSM for $1.485B Read More »
Home Depot Promotes Execs
The home improvement company named Matt Carey EVP of customer experience and Fahim Siddiqui as EVP and chief information officer.
Home Depot Promotes Execs Read More »
Why Private Investment is Driving So Much of Distribution M&A, Pt. 2
Private equity and investment banks are arguably the biggest current drivers of distribution M&A activity. Read the second part of MDM’s recent conversations with executives at leading financial firms behind many of the deals you’ve been reading about.
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Why Private Investment is Driving So Much of Distribution M&A, Pt. 2 Read More »
Border States Acquires Advance Electrical
The North Dakota-based company reached an agreement to purchase Advance Electrical Supply Co., an electrical wholesale supplier in Chicago.
Border States Acquires Advance Electrical Read More »
Tompkins Picks New Sales VP
The supply chain consulting firm announced this week that Jack Kaser has joined the company as vice president of sales.
Tompkins Picks New Sales VP Read More »
RG Group Tabs New CEO and COO
The board of directors says Steve Bennis has been named CEO, and Patrick Gross will assume the role of president and chief operation officer.
RG Group Tabs New CEO and COO Read More »
Buildxact Names New Strategic VP
The global SaaS company announced that Mark Hall has joined the company as vice president of strategic enterprise accounts.
Buildxact Names New Strategic VP Read More »
Redefining Leadership in Distribution
Distribution leaders have played a mostly reactive role as conduits for products and services — but more are now taking on proactive approaches as facilitators and value creators. In a new MDM podcast, Tom Gale and Dirk Beveridge talk about how evolving leadership dynamics are changing the industry.
Redefining Leadership in Distribution Read More »
Milwaukee Unveils ‘New Tech’ Office
The company announced the opening of its Milwaukee Tool-Chicago engineering office, located at the city’s historic Old Post Office.
Milwaukee Unveils ‘New Tech’ Office Read More »
The Part Works Expands in Northwest
The Seattle-based commercial plumbing supplier has secured a building in Portland, Oregon, where it expects to expand business in the region.
The Part Works Expands in Northwest Read More »
MHS Global, Fortna to Combine
The companies say they will form a ‘multi-billion-dollar’ company to offer parcel, warehouse, distribution and lifecycle services.
MHS Global, Fortna to Combine Read More »
