Sonepar Canada President Anquetil to Retire in March
Following a 36-year career with the company, François Anquetil will be succeeded by ex-Grainger veteran George McClean.
Sonepar Canada President Anquetil to Retire in March Read More »
November 2023
NAW Innovators Summit Showcases Leading Tech
Tom Gale recaps the unique industry event that connected distributors exploring disruptive tech and emerging solution providers, including insights from Grainger and Graybar’s CEOs.
NAW Innovators Summit Showcases Leading Tech Read More »
BradyIFS + Envoy Grow Again, Acquire Sierra Packaging
It’s already the second deal announced since BradyIFS and Envoy Solutions’ merger at the end of October.
BradyIFS + Envoy Grow Again, Acquire Sierra Packaging Read More »
Advance: U.S. Durable Goods Sunk 5.4% in October
It was a major reversal from September’s 4.0% gain, and the second considerable drop in four months.
Advance: U.S. Durable Goods Sunk 5.4% in October Read More »
Home Depot to Add Contractor Design-Oriented Distributor
Construction Resources will allow Home Depot to expand the capabilities it offers professional contractors, a target market for the retailer.
Home Depot to Add Contractor Design-Oriented Distributor Read More »
Rubber and Gasket Co of America Joins IDCO
RGA is a distributor of hose, belting and fluid sealing products to industrial and commercial accounts.
Rubber and Gasket Co of America Joins IDCO Read More »
Feds: Men Stole $1.6M of Goods from Dozens of UPS Warehouses
The alleged conspiracy stretched from January 2021 to April 2023.
Feds: Men Stole $1.6M of Goods from Dozens of UPS Warehouses Read More »
Edges Electrical Group Joins AD Electrical US Unit
Founded in 1948, Edges is the largest independent electrical wholesale distributor in Northern California
Edges Electrical Group Joins AD Electrical US Unit Read More »
Amazon to Provide Free AI Training to 2M People by 2025
“AI Ready” follows recent news out of Amazon this year regarding how the company is using the technology to improve its own offerings.
Amazon to Provide Free AI Training to 2M People by 2025 Read More »
Lowe’s 3Q Sales Fall 7.4% on Slumping DIY
Based on lower-than-expected DIY sales, partially offset by positive Pro customer comp sales, Lowe’s updated its outlook for the year.
Lowe’s 3Q Sales Fall 7.4% on Slumping DIY Read More »
Yard Truck Parts Distributor Eagle Mark 4 Continues Expansion
Eagle Mark 4 has expanded its national operations by opening its first distribution location on the West Coast.
Yard Truck Parts Distributor Eagle Mark 4 Continues Expansion Read More »
MiddleGround Combines Distributors Banner Industries, Castle Metals
Following the transaction close, Banner and Castle will continue to operate as independent brands
MiddleGround Combines Distributors Banner Industries, Castle Metals Read More »
Cameron Ashley’s Expansion Continues with 3 New DCs
Fast-growing building products distributor Cameron Ashley is building on its strategy to expand its geographic footprint.
Cameron Ashley’s Expansion Continues with 3 New DCs Read More »
No MDM Newsletter Thursday or Friday
We’ll be back in action Monday morning after our staff enjoys an extra long Thanksgiving weekend.
No MDM Newsletter Thursday or Friday Read More »
CD&R Appoints White Cap CEO as Operating Advisor
John Stegeman joins the firm’s Industrials team in January to help pursue new investment opportunities and support portfolio management.
CD&R Appoints White Cap CEO as Operating Advisor Read More »
Fastenal’s Big Pivot, Pt. 2: Sales Specialization & Realignment
In part two of his three-part detective series, John Gunderson examines the role Fastenal’s sales specialization and realignment programs played to drive a decade-long performance increase.
Fastenal’s Big Pivot, Pt. 2: Sales Specialization & Realignment Read More »
Shorehill Capital Raises $260M in ‘Fund II’
Distribution-focused private equity firm Shorehill Capital hit its funding target and will will continue to focus on the lower middle market.
Shorehill Capital Raises $260M in ‘Fund II’ Read More »
84 Lumber Adds Trio of CA Stores, Truss Plant Expansion
The new sites bring 84 Lumber’s presence to eight total locations in California.
84 Lumber Adds Trio of CA Stores, Truss Plant Expansion Read More »
2024 is Your Investment Year, and 2019 is Never Coming Back: Takeaways from Alan Beaulieu
As a primer for 2024, Mike Hockett condenses ITR Economics’ Alan Beaulieu’s latest industry keynote presentation into seven key points.
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United Flow Technologies Expands in Water/Wastewater with 3 Acquisitions
UFT says its recent acquisitions will accelerate its strategic entry into new geographies, product categories and OEM partnerships.
United Flow Technologies Expands in Water/Wastewater with 3 Acquisitions Read More »
