Following a period that reenergized the pace of M&A activity, deals involving packaging companies and international entities kept a brisk pace.
July 2022 M&A Roundup: Momentum Carries into Year’s Second Half Read More »
Sales outpaced that of 1Q at the industrial distribution giant, despite slowing throughout the quarter.
Grainger Raises Outlook Again After 2Q Sales Jump 20% Read More »
The online retail giant, which doesn’t break out Amazon Business sales in quarterly earnings reports, said overall net loss was $2 billion in 2Q.
Amazon 2Q Sales Rise 7% to $121B Read More »
The London-based water treatment and sustainability provider finalized a deal to acquire Manitowoc Ice from Welbilt, Inc.
Pentair Completes $1.6B Ice Maker Acquisition Read More »
The opening comes as Southwire expands its business following the acquisition of Topaz Lighting Corp. in December 2021.
Southwire Opens New Office Following Acquisition Read More »
Steve Short will lead US LBM’s building materials sourcing and procurement strategy and supply chain operations, the company said.
US LBM Names New Supply Chain SVP Read More »
In the latest earnings reporting period for publicly-traded companies, these distributors and manufacturers reported strong sales figures.
Earnings Roundup: Fortive, International Paper, Rockwell, Timken, TriMas Read More »
It’s part of the toolmaker’s plan to save $1.5 billion in three-year cost savings while shifting resources and reprioritizing investments.
Stanley B&D Plans to Shed 30% of Plants in Cost Savings, Reports 2Q Results Read More »
The acquisition will allow Envoy Solutions to continue to grow in the Southeast U.S. region, the company said.
Envoy Solutions Acquires Sunbelt Packaging Read More »
The company plans to make its first-ever drone delivery on Aug. 9, on a three-mile flight from one facility to another.
Winsupply to Start Delivering Products by Drone Read More »
Following a relatively slow 1Q, distribution M&A increased in the April-June period, ending 2Q with one of the biggest months in deal volume over the past two years.
2Q M&A Report: Robust Activity Despite Signs of Pending Slowdown Read More »
Ahead of a potential economic slowdown, we asked distributors whether they plan on adjusting inventory for the second half of 2022 and into 2023.
Survey: Are Distributors Adjusting Inventory Amid Economic Uncertainty? Read More »
The company says the facility, located in Cincinnati, Ohio, will increase the company’s capacity by about 200%.
OTC Opens New DIRECTAIR Location Read More »
The U.S. Census Bureau announced data for international trade, wholesale inventories and retail inventories advance for June 2022.
Census Bureau: International Trade Down in June Read More »
For the second quarter of 2022, Genuine Parts Company reported record sales of $5.6 billion, a 17% increase over the same period a year ago.
With KDG Boost, Motion 2Q Sales Jump 34.5% Read More »
MDM’s Mike Hockett and NetSuite’s Ranga Bodla discuss why distributor associations and buying groups are more important than ever and a new program aimed to provide them with additional resources.
The Evolving Role of Associations and Buying Groups Read More »
Milton’s sixth acquisition in the past 30 months is a designer and manufacturer of the LTI Tools brand, according to the announcement.
Milton Industries Acquires Casey Tools Read More »
The manufacturer/distributor says Don Freeman and Kevin Blossom have been promoted to president positions.
WernerCo. Announces Leadership Changes Read More »
Jon Bridge will join Rivet|MRO from Crescent Electric Supply, where he served as the 3M strategic accounts specialist.
Rivet|MRO Appoints Project Manager Read More »
Watsco reported a profit margin of 27.9% from their sales of $2.13 billion compared to last year’s $1.85 billion.
Watsco 2Q Sales Top $2B Read More »
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