Under the terms of the agreement, KKR will acquire all outstanding shares of Chase common stock for $127.50 per share in cash.
KKR to Buy Protective Chemicals Maker Chase Corp. for $1.3B Read More »
Lowe’s says the new option will improve customers’ omnichannel experience, with fast and convenient delivery in ‘a matter of hours.’
Lowe’s Partners with OneRail to Boost Same-Day Delivery Read More »
Abrasive Technology’s acquisition of Precision Swiss is a “key piece” towards expanded capabilities, company officials said.
Ohio-Based Abrasive Technology Acquires Precision Swiss Read More »
Mark Garboski will continue to report to Kodiak CEO Steve Swinney, and will develop long-term strategic plans.
Kodiak Building Partners’ COO Moves to Strategic Advisor Role Read More »
This facility is designed to help manufacturers, retailers and warranty administrators dramatically extend product lifecycle and value.
Parts Town’s Encompass Supply Chain Solutions Expands in GA Read More »
Charter Industrial Supply has garnered recognition as an Aeroquip Premier Select Distributor, IDCO said.
ICDO Adds Charter Industrial Supply as New Member Read More »
Crawford opened a branch in Denton, Texas, the company’s seventh location in the Dallas-Fort Worth Metropolitan Area.
Sonepar’s Crawford Electric Expands in Dallas-Fort Worth Metro Read More »
Inconsistent, sluggish revenue numbers dogged some distributors during the second quarter, according to the latest Baird-MDM survey.
MarketPulse: 2Q23 Sees Steepest Declines in More Than 2 Years Read More »
The 2023 NAFCD + NBMDA Annual Convention will be held in Colorado Springs, Colorado, from Nov. 14-16.
NAFCD & NBMDA Open Registration for November Convention Read More »
Federal investigators also found the company made workers use their personal vehicles for deliveries and did not pay them when they did.
Auto Parts Distributor Owes $5.6M in Back Wages to 1,300 Read More »
Operating margin improved year-over-year across all three key business units, while the pace of organic sales declined.
Snap-on 2Q Margins Improve Despite Sales Deceleration Read More »
Lon Jennings will succeed David Parks as Hydradyne President. Parks will retire after 44 years with the company.
Hydradyne Announces New President Read More »
UPS and the union representing over 340,000 UPS delivery and warehouse logistics workers will resume labor negotiations after being stalled.
UPS, Teamsters to Resume Negotiations Next Week Read More »
The industrial parts distributor’s profit margin grew 190 bps year-over-year despite sales growth that was less than half that of 1Q.
Motion’s 2Q Sales Slow Considerably, but Margin Expands Read More »
Specialty chemicals and ingredients distributor LBB Specialties will consolidate its business divisions under one brand.
LBB Specialties Announces Brand Restructuring Read More »
Billows Electric joins Sonepar with 19 branch locations and over 285 associates, according to a Sonepar news release.
Sonepar Completes Billows Acquisition Read More »
The latest branch to open is located on 96th Street in Indianapolis. with a grand opening planned for later this summer.
Sonepar’s Springfield Electric Adds Indianapolis Branch Read More »
“The tone on the ground is one of leveling rather than significant declines,” said MSC CEO Erik Gershwind during a June 29 3Q earning call.
MSC Voices ‘Leveling’ Market Tone Read More »
Lockmasters provides proprietary products, educational training and distribution of third-party combination locks, tools and hardware.
Lockmasters Acquires Fellow Distributor Allied Locksmith Read More »
Despite a sequential slowdown in organic sales growth, the bearings giant was able to accelerate its operating margin growth.
Pricing Management Leads to 2Q Margin Growth at SKF Read More »
By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.
Wholesale distribution news and trends delivered right to your inbox.
Sign-up for our free newsletter and get:
