October M&A Recap: Another Solid Month of Activity
Another busy month has 2024’s activity far ahead of 2023’s year-to-date, highlighted by True Value’s planned sale to Do it Best Corp.
October M&A Recap: Another Solid Month of Activity Read More »
October 2024
PREMIUM & NAW EXCLUSIVE: MDM’s 4Q Snapshot Webcast Now Available
It provides a thorough look at the state of the U.S. wholesale distribution economy today and what factors are influencing underlying demand.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
PREMIUM & NAW EXCLUSIVE: MDM’s 4Q Snapshot Webcast Now Available Read More »
Parker Hannifin Posts Modest 1Q Sales Growth as Profit Jumps
The company raised its outlook for operating margins, driven by strong performance in its Aerospace Systems segment.
Parker Hannifin Posts Modest 1Q Sales Growth as Profit Jumps Read More »
Acquisitions Power Distribution Solutions Group 3Q Growth as Organic Slides
Acquisitions earlier in 2024 and prior accounted for a healthy annual sales gain, emphasizing the strategic expansion of its customer base.
Acquisitions Power Distribution Solutions Group 3Q Growth as Organic Slides Read More »
SKF Selling Pennsylvania Aerospace Supply Unit for $220M
Meanwhile, the bearings maker posted its 3Q results, made an Australasia acquisition and updated on its Automotive separation.
SKF Selling Pennsylvania Aerospace Supply Unit for $220M Read More »
Galco Acquires Hydraulics/Pneumatics Distributor in Michigan
Sterling Heights, MI-based D.F. Burnham is a distributor of hydraulic and pneumatic components.
Galco Acquires Hydraulics/Pneumatics Distributor in Michigan Read More »
Wesco Sees Modest 3Q Organic Growth as Margin Grows
The company’s WIS unit sale earlier this year drove most of its overall sales decline, while its CSS segment powered narrow organic growth.
Wesco Sees Modest 3Q Organic Growth as Margin Grows Read More »
Arrow Electronics 3Q Sales Fall 15%
The company cited a persistent “broader ecosystem inventory correction” causing a challenging market.
Arrow Electronics 3Q Sales Fall 15% Read More »
Grainger Posts 4% Organic Growth in 3Q Amid “Slow but Steady Market”
The organic gain outperformed compared to other industrial distributors in the July-September period.
Grainger Posts 4% Organic Growth in 3Q Amid “Slow but Steady Market” Read More »
Acquisitions Power Beacon’s 7.6% Sales Growth in 3Q
Beacon set a company record for quarterly sales, with acquisitions largely driving year-over-year growth.
Acquisitions Power Beacon’s 7.6% Sales Growth in 3Q Read More »
LoneStar Electric to Add New Orleans DC, 13th Overall
The company is set to enhance its presence in Louisiana with a new facility that is expected to create around 20 jobs.
LoneStar Electric to Add New Orleans DC, 13th Overall Read More »
Advance: U.S. 3Q GDP Grew 2.8%
It decelerated from 2Q, reflecting a downturn in private inventory investment and residential fixed investment.
Advance: U.S. 3Q GDP Grew 2.8% Read More »
BlueLinx 3Q Sales Fall 8%, Margin Dips
The company reported volume growth in key specialty product categories, while price deflation impacted overall sales.
BlueLinx 3Q Sales Fall 8%, Margin Dips Read More »
SiteOne Landscape Supply 3Q Sales Rise 6%, Organic Dips
The company is anticipating a negative impact on sales from hurricanes Helene and Milton in its fourth quarter.
SiteOne Landscape Supply 3Q Sales Rise 6%, Organic Dips Read More »
Avnet 1Q Sales Fall 11.6% as Margin Slides
Sales in both its Electronic Components and Farnell business units declined by double digits.
Avnet 1Q Sales Fall 11.6% as Margin Slides Read More »
Cardinal Health Opens New DC in Massachusetts
The new facility is set to offer specialized handling for sensitive products available by early 2025.
Cardinal Health Opens New DC in Massachusetts Read More »
Global Industrial 3Q Sales Slide, but Profit Grows
The company attributed its decline in sales to a challenging demand environment and continued softness in its core customer base.
Global Industrial 3Q Sales Slide, but Profit Grows Read More »
MDM’s 3Q MarketPulse, M&A Reports Now Available
These reports deliver a wealth of wholesale distribution economic metrics and dealmaking analysis covering July-September.
MDM’s 3Q MarketPulse, M&A Reports Now Available Read More »
U.S. Ports Union, Operators to Resume Contract Talks in November
While a tentative wage agreement ended a strike in October, the parties are still divided on key issues, such as port automation.
U.S. Ports Union, Operators to Resume Contract Talks in November Read More »
Motion Acquires Hydraulics Manufacturer in Canada
Stoney Creek Hydraulics is a manufacturer of hydraulic and pneumatic cylinders and offers repair services to its customers.
Motion Acquires Hydraulics Manufacturer in Canada Read More »
