Greif to Acquire France’s IPACKCHEM in $538M Deal
The planned cash transaction would be funded through available capacity in Greif’s existing credit facilities.
Greif to Acquire France’s IPACKCHEM in $538M Deal Read More »
October 2023
F.W. Webb Pays $3.2M in Overtime Pay to 700 Sales Reps
A court found that the company failed to pay affected workers overtime back wages since August 2018 and violated recordkeeping provisions.
F.W. Webb Pays $3.2M in Overtime Pay to 700 Sales Reps Read More »
Boise Cascade 3Q Distribution Sales Fall 15%
The building materials distributor and manufacturer said that 91% of 3Q 2023 revenue came from distribution.
Boise Cascade 3Q Distribution Sales Fall 15% Read More »
BradyIFS, Envoy Solutions Complete Blockbuster Merger
Two of North America’s largest JanSan, foodservice and packaging supplies distributors are now one.
BradyIFS, Envoy Solutions Complete Blockbuster Merger Read More »
Global Industrial Sales Jump 18.8% on Indoff, Organic Growth
The company’s Spring 2023 acquisition of office products distributor Indoff powered most of the growth, while volume also improved.
Global Industrial Sales Jump 18.8% on Indoff, Organic Growth Read More »
Supplier Earnings Roundup: CAT, Eaton, ITW
It’s another week for industrial manufacturers’ financial reports. We recap the key figures for thee of them here.
Supplier Earnings Roundup: CAT, Eaton, ITW Read More »
October M&A Roundup: 4Q Launches with 2nd Most Deals of 2023
During the month, MDM reported on 43 mergers and acquisitions among distributors and manufacturers, the second most in any month this year.
October M&A Roundup: 4Q Launches with 2nd Most Deals of 2023 Read More »
Offen Petroleum Adds Douglas Distributing’s Wholesale Unit
It gains Offen a strong foothold to continue growing in the Texas and surrounding markets.
Offen Petroleum Adds Douglas Distributing’s Wholesale Unit Read More »
Beacon Opens 3 Locations in Western U.S.
Construction and building materials distributor Beacon opened three new locations to serve contractors and lumberyards.
Beacon Opens 3 Locations in Western U.S. Read More »
AD Members’ 9-Month Sales Up 3% to Record-High
AD noted that 80 new companies joined the group in the year’s first nine months, half of which came via acquisitions by existing members.
AD Members’ 9-Month Sales Up 3% to Record-High Read More »
IDCO Adds Midway Industrial Supply as New Member
Midway brands itself as the Mid-Atlantic’s largest independent distributor of power transmission products and industrial supplies.
IDCO Adds Midway Industrial Supply as New Member Read More »
BlackHawk Acquires Advanced Industrial Supply in Idaho
The acquisition of Advanced Industrial Supply is part of a flurry of acquisition activity in recent years to expand into new categories.
BlackHawk Acquires Advanced Industrial Supply in Idaho Read More »
Boosting Inventory Management Efficiency with a Distribution ERP System
Amid marketplace complexity, efficient inventory management can guide distributors through the fog. James Mallory advises on how modern ERP can serve as your inventory management beacon.
Boosting Inventory Management Efficiency with a Distribution ERP System Read More »
Graybar 3Q Sales Rise 2.3%
Graybar’s net sales were a 3Q record, but growth is down from the numbers recorded in the first and second quarter of 2023.
Graybar 3Q Sales Rise 2.3% Read More »
How Global Industrial Became a Distribution Outperformer
Mike Hockett recounts his fireside chat with Barry Litwin at MDM’s SHIFT conference, where the CEO detailed how the company actioned its many recent initiatives.
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How Global Industrial Became a Distribution Outperformer Read More »
Inline Electric Supply Acquires TVW Electrical in Alabama
Inline Electric Supply adds TVW Electrical Supplies, a distributor of electrical supplies including power distribution products.
Inline Electric Supply Acquires TVW Electrical in Alabama Read More »
Ace Hardware Hit by Cyber Attack
‘We are currently unable to process orders online,’ a banner reads on the hardware retailer’s website.
Ace Hardware Hit by Cyber Attack Read More »
Advance: September US Durable Goods Orders Jump 4.7%
Following 2 consecutive monthly decreases, new orders increased $13.2 billion (or 4.7%) to $297.2 billion, the Census Bureau said.
Advance: September US Durable Goods Orders Jump 4.7% Read More »
UAW Reaches Deals with GM and Stellantis, Effectively Ending ‘Big 3’ Strike
GM followed suit days after the autoworkers union reached a deal with Ford and Stellantis.
UAW Reaches Deals with GM and Stellantis, Effectively Ending ‘Big 3’ Strike Read More »
QuickTake: Drive Profit with Active Category Management
James Dorn and Tom Gale outline ways to leverage manufacturer incentives, create strategic tiered suppliers at a product category level and capture every available dollar before year-end.
QuickTake: Drive Profit with Active Category Management Read More »
