L&W Supply Acquires DWS
The Chicago-based distributor acquired the assets of DWS Building Supply with two locations in Texas and New Mexico.
L&W Supply Acquires DWS Read More »
2022
From its Expo, We Go Inside Fastenal with Dan Florness
Amid digital expansion, many distributors grew apart from customers during the pandemic. Fastenal did the opposite. In a new MDM Podcast, Mike Hockett and Dan Florness discuss how the company continues to grow closer to its customers.
From its Expo, We Go Inside Fastenal with Dan Florness Read More »
Graybar 1Q Sales Up 25% to $2.4B
In what it called ‘record’ first-quarter results, Graybar reported a 116.5% increase in net income attributable to the company.
Graybar 1Q Sales Up 25% to $2.4B Read More »
AD Names New Electrical & Industrial President
The organization says Marisol Fernandez will be returning to the company as president of its Electrical and Industrial Business Unit.
AD Names New Electrical & Industrial President Read More »
PTDA Raises Almost $120K in Campaign
During the first three months of its 2022 Fund Drive campaign, the PTDA Foundation raised nearly $120,000, the organization said.
PTDA Raises Almost $120K in Campaign Read More »
Airgas Expands Welding Initiative
The company said this year it will broaden its High School Welding Education Initiative, which includes 16 new schools.
Airgas Expands Welding Initiative Read More »
Snap-On 1Q Sales Increase 7.1%
The Wisconsin-based manufacturer reported more than $1 billion in sales and a diluted EPS of $4.00 for the first three months of 2022.
Snap-On 1Q Sales Increase 7.1% Read More »
Motion’s Momentum Goes Far Beyond KDG Addition
The company’s 1Q earnings and subsequent commentary shed light on several other factors driving growth at the MRO parts distributor besides its recent $1.3 billion acquisition of Kaman Distribution Group.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Motion’s Momentum Goes Far Beyond KDG Addition Read More »
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 »
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.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Why Private Investment is Driving So Much of Distribution M&A, Pt. 2 Read More »
