The second quarter ended with a healthy amount of M&A across distribution, with some familiar names announcing market-shifting deals.
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
Building materials distributor expands presence in Central Arizona with addition of Home Center Supply.
Addition of Brand Vaughan Lumber Co. will give US LBM five additional locations in the state, including a stronger presence in the hot housing market of Atlanta.
The building materials behemoth dropped a sizable pile of cash on a software provider as the distributor doubles down on its digital capabilities.
Dakota Supply Group has acquired the second-generation, family-owned distributor Calverley Supply Co. in an asset purchase, the terms of which weren’t disclosed.
On our latest MDM Podcast, Kevin Short of ORS Nasco said COVID is no excuse for not providing stellar customer service, which is a key component of a strong company culture.
The addition of WTS Paradigm LLC, a software solutions and services provider for the building products industry, is another digital investment for the distributor.
Industrial distributor drives growth across business, maintaining top rankings.
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Industrial distributor strengthens its distribution in Mexico and South Florida with addition of Argo del Valle and Southern Tool & Machine.
The Texas-based building products distributor will distribute the money to more than 4,300 of its employees.
Company spending $514.2 million on Seepex, a positive displacement pump manufacturer that has 800 employees and facilities in North America and Asia Pacific.
WESCO’s acquisition of Anixter, Builders FirstSource’s merger with BMC Stock Holdings, and multiple changes at HD Supply Holdings all factored into MDM’s latest lists of industry market leaders.
And housing starts are up 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.
B&D says the acquisition “expands the company’s geographic reach and provides new services and support to customers throughout the U.S.”
Following the close of the $91 million transaction, OmniCable will retain both brands and its existing locations.
Atlas Copco’s newest asset, Compressed Air Systems Inc., has 30 employees and is based in Salisbury, N.C.
Even the largest plumbing distributor in the U.S. has faced supply issues, yet Ferguson posted a strong 3Q.
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Wholesale trade shows improvement from same month in 2020 and was also up from the previous month of March — albeit at just 0.8% — according to the latest report from the U.S. Census Bureau.
Landscape distributor adds Southern Stone Supply and Scott Stone, both of North Carolina, to its portfolio.
Kenco Hydraulics, which provides sales and repair services for all types of hydraulic products, will operate within the fluid power/automation platform (Dakota Fluid Power) for SBP Holdings.
