Guillaume Texier will succeed Patrick Berard as CEO of the electrical distributor on Sept. 1.
Eric Smith
Senior Editor Eric Smith is an award-winning business journalist whose coverage focus includes economic news and insights, industry trends, M&A, and analysis of small businesses and public companies across the wholesale distribution marketplace. Reach him at eric@mdm.com or 720-207-0335.
Posts By Eric Smith
With deals poised to accelerate throughout 2021, Reed Anderson of Houlihan Lokey explains an important step for any distributor looking to sell — document what your company did to cope with COVID.
The U.S. Census Bureau has released advance indicators showing that the international trade deficit and wholesale inventories both increased in February.
MDM’s inaugural industry awards recognize the exceptional job performance and overall industry influence of women in the traditionally male-dominated field of distribution.
The companies will be combined into a single business entity that’s “intended to mirror the long-term success of White Cap in the United States,” the company said.
Company leaves Glenview, Illinois, for a nearby Chicago-area town where it will consolidate its corporate headquarters with a manufacturing facility.
The increase in real GDP reflected increases in exports, nonresidential fixed investment, personal consumption expenditures (PCE), residential fixed investment and private inventory investment.
OmniCable, a subsidiary of food distributor Dot Holdings Co., is acquiring the wire and cable provider for $5.30 a share.
Wholesale distribution industry to help vaccinate many Americans at NFL stadiums by donating needed PPE and safety items.
NAW fellow Mark Dancer shares how distribution companies can adapt to a post-COVID-19 world.
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Decrease of manufactured durable goods is the first dip after nine straight months of growth since May 2020.
Dayton, Ohio-based Winsupply adds Akron, Ohio-based Discount Drainage Supplies to its portfolio.
Latest report shows U.S. cutting tool consumption also down 3.2% from the previous month of December.
Latest Chicago Fed National Activity Index (CFNAI) shows that two of the four broad categories of indicators used to construct the index made negative contributions in February, and all four decreased from January.
Distributor appoints Julianne Turk to lead the company’s financial processes and strategy development.
Outgoing President and CEO Don Fritzinger will become SBP’s chairman and remain engaged with the business and industry.
The company, which rebranded from AmazonSupply in 2015, also said it’s now being used by more than 5 million businesses across its marketplace.
Würth and subsidiary Northern Safety & Industrial to add a $125 million safety distributor to their portfolio.
But housing starts down compared to year-ago period and the previous month, according to the latest residential construction report from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
The distributor, which serves HVAC and plumbing contractors throughout East Tennessee, is led by Logan Hale, president of the new location.
