DXP Announces 2 Acquisitions
DXP Enterprises, Inc. says it has completed acquisitions of Drydon Equipment, Inc. and Burlingame Engineers.
DXP Announces 2 Acquisitions Read More »
2022
Pentair Acquiring Manitowoc Ice for $1.6B
The London-based water treatment and sustainability provider says it reached a deal to acquire the provider of commercial icemakers.
Pentair Acquiring Manitowoc Ice for $1.6B Read More »
Descartes Annual Revenues Rise 22%
SaaS provider Descartes Systems Group reported fiscal-year total revenues of $424.7 million, above prior-year revenues of $348.7 million.
Descartes Annual Revenues Rise 22% Read More »
‘Mixed Results’ in January for ASA Members
Members report another strong month compared to the same period in 2021, but most respondents say sales were down from December.
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Earnings Confirm Hopes as Industrial Distributors Ride Momentum in ’22
Year-end reports of publicly traded distributors support Q4 Baird-MDM Quarterly Industrial Distribution Survey results. Public company commentary remains optimistic for strong year.
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Earnings Confirm Hopes as Industrial Distributors Ride Momentum in ’22 Read More »
SBP Holdings Acquires Hydrafab
The Wyoming-based company is expected to operate within Dakota Fluid Power, the fluid power/automation platform for SBP Holdings.
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Huttig 4Q Sales Up 24.8%
The distributor also reported that 2021 year-end net sales increased 18.4% to $937.8 million, compared to $792.3 million in 2020.
Huttig 4Q Sales Up 24.8% Read More »
TriMas 4Q, Annual Sales Increase
The manufacturer of engineered and applied products reported 4Q and 2021 sales increased by 11.1% and 11.3%, respectively.
TriMas 4Q, Annual Sales Increase Read More »
HARDI Revenue Up 35.3% in January
Heating, Air-conditioning & Refrigeration Distributors International says average annual growth for the 12 months ending in January is 25%.
HARDI Revenue Up 35.3% in January Read More »
Builders FirstSource Sees ‘Record’ Sales
The distributor’s 2021 yearly net sales reached nearly $20 billion, while fourth-quarter net sales reached $4.6 billion.
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Global Industrial Outlines 2022 Strategy Focus
In the MDM Podcast this week, Global Industrial CEO Barry Litwin discussed the company’s 2021 financial performance, as well as the strategic initiatives it is undertaking to continue a transformation process.
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TriMas Acquires Intertech Plastics
The Michigan-based manufacturer of engineered and applied products says Intertech will immediately become part of TriMas Packaging.
TriMas Acquires Intertech Plastics Read More »
Platforms, Networks and the Future of Distribution
Can these modern-day disruptors displace the value chain, or do all three have more in common than we think?
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Bunzl Yearly Revenues Grow
The specialist international distributor says 2021 revenues increased 7.1% over 2020 when considering growth at constant exchange.
Bunzl Yearly Revenues Grow Read More »
Masonite Agrees to $100M Share Buyback
The door manufacturer and distributor says it has entered into an accelerated share repurchase agreement with Morgan Stanley & Co. LLC.
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Home Depot Adds 2 Board Members
The retailer announced the appointment of Paula Santilli, CEO of PepsiCo Latin America, and Caryn Seidman-Becker, chair and CEO of CLEAR.
Home Depot Adds 2 Board Members Read More »
Amidst Gangbusters Job Market, Employers Must Do More to Attract, Retain Talent
An unprecedented labor situation necessitates an innovative approach to hiring. Being data-driven and developing talent strategies are among the ways employers can succeed.
Amidst Gangbusters Job Market, Employers Must Do More to Attract, Retain Talent Read More »
Pool Corp. Declares Dividend
The Covington, Louisiana-based company says its board of directors declared a quarterly cash dividend of $0.80 per share.
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Owens & Minor Picks New Board Member
The global healthcare solutions company says Kenny Gardner, chief people officer at DaVita, Inc., will join its board of directors.
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February 2022 M&A Roundup: Sonepar-Nautic Deal Closes Out Month
M&A activity slowed somewhat in February, but the month wrapped up on an announcement that will likely draw eyes from across the distribution industry.
February 2022 M&A Roundup: Sonepar-Nautic Deal Closes Out Month Read More »
