The acqusitions help position Graybar as a leading automation and control distributor alongside its core electrical products offering.
Posts By Mike Hockett
The metalworking and MRO supplies distributor is suddenly on an acquisition streak.
Sandvik's recently-added GWS Tool Group has acquired Balax, Inc. as an addition to the conglomerate's Walter division.
SBP had acquired two distributors since selling off Bishop Lifting Products early this year.
France-based electrial supplies giant Rexel said 2022 first-half U.S. performance was sustained by growth in all three of its end markets, especially in industrial.
We all know the distribution sector is highly fragmented, but to what extent? A chat with McKinsey partners Alex Abdelnour and Kevin Sachs dives into the state of fragmentation within various markets and the factors that separate leading distributors from laggards.
It's the third acquisition for Winsupply announced this year, and comes alongside news that it will start drone deliveries on Aug. 9.
Core organic sales comprised half of the distributors' 24% sales growth year-over-year.
Downward pressure on nonresidential spending is likely to only intensify, and the situation looks even worse when adjusting for inflation.
DSG has acquired Brown Supply Company, adding four locations in the Hawkeye State.
It was the slowest expansion since June 2020 as prices took a major month-to-month decline while employment posted improvement.
Sales outpaced that of 1Q at the industrial distribution giant, despite slowing throughout the quarter.
It's part of the toolmaker's plan to save $1.5 billion in three-year cost savings while shifting resources and reprioritizing investments.
Following a relatively slow 1Q, distribution M&A increased in the April-June period, ending 2Q with one of the biggest months in deal volume over the past two years.
MDM's Mike Hockett and NetSuite's Ranga Bodla discuss why distributor associations and buying groups are more important than ever and a new program aimed to provide them with additional resources.
It could take until the end of 2023 to complete, after which 3M will retain a 19.9% stake.
Fastenal, MSC Industrial Supply, MRC Global and more have voiced considerable optimism despite numerous economic red flags.
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Mike Marks and Tom Gale explore the impact of recent landmark acquisitions and how the mission of strategic deals runs counter to that of private equity.
It is the first time since the fourth quarter of 2020 that annualized growth rate didn’t outperform expectations, according to the Second Quarter Baird-MDM Industrial Distribution Survey.
In a new MDM Podcast, Ferguson's Denise Vaughn talks about how the company conducts operations with a lighter footprint while creating positive impact for its stakeholders.
