The distributor had a considerable 1Q sales improvement vs. 4Q23, while all business segments saw continued annual declines.
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Company veteran Steven Bourbeau will lead operations in portions of Illinois, Michigan, Indiana and Wisconsin.
They have a combined 16 manufacturing and distribution locations across four countries for electric heating and HVAC solutions.
It's already the ninth deal announced by Imperial Dade in 2024.
Month-to-month, sales were down in seven of the 10 durable goods categories that the Census Bureau tracks.
TopBuild is set to add Arkansas-based Insulation Works, which has three locations.
It set a new AD record for revenues in the first three months of the year.
The fasteners and industrial supplies distributor's 1Q acquisition of Koch Industries helped drive top-line sales growth.
Ahead of Resideo's major acquisition of Snap One that will signficantly expand ADI, the unit saw 1Q volume declines in several categories.
Year-over-year sales turned positive after a prolonged period of decline, while margins, profit and EBITDA all were down.
Belt Power expands in the Southwest with Phoenix-based conveyor belt and component distributor Avtech Industrial Products.
To improve lead time accuracy, Border States electrical supplies distributor will implement a AI-based prediction tool.
Machining components manufacturer Bishop-Wisecarver aims to expand its market presence in linear and rotary motion solutions.
The two Michigan-based electrical and industrial products distributors are now officially members of the Sonepar family of companies.
A new location in Columbis is the sixth overall for the distributor of industrial hose, fittings and accessories.
It’s already the company’s eighth acquisition announced in 2024.
While sales growth slowed sequentially, it was another record quarter for the electrical and industrial supplies distributor.
Growth in DEWALT and Engineered Fastening was more than offset by lower infrastructure volume and "muted consumer and DIY demand."
TricorBraun will expand its Australia and New Zealand footprint, which it first established through acquisition in 2021.
