The lawsuit, filed by the Circos last year, alleged breach of contract related to the acquisition of Precision Industries.
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Neri will be replaced by Michael DeCata, who comes in the midst of change at the industrial distributor.
Bain is expected to pay more than $1.5 billion for the tool manufacturer, according to a report from Reuters.
Single-family housing starts up 5.5 percent from July.
Organic sales growth for Grainger in August was 7 percent.
Survey found that distributors expect costs across categories to increase in next 12 months.
Sales increased 2.7 percent in a year-over-year comparison.
The distributor reported a loss of $56 million for the period.
HD Supply Power Solutions will operate in three geographic regions.
Grainger’s app allows professionals to search for and order products through their phones.
Acquisition expands DGI Supply’s reach in California.
This will allow Airgas to add resources to more effectively meet the needs of these markets.
Kaman’s acquisition of Zeller, an $80M distributor, expands its reach in electrical and automation components.
Organic sales growth for Grainger in July was 8%.
The MRO distributor reported a $61.2 million loss.
Combined revenues of Airgas’s acquisitions are $17 million.
MRC’s sales in North America grew 17 percent in the quarter.
Sales up 5.4% for Interline in the first half of the year.
PMI up slightly from June, but remains below 50 for a second month.
