The company promoted a former Advance Electrical Supply owner to drive the company's growth strategy through strategic acquisitions.
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Germany-based Ferdinand Gross Group is a distributor of fastening technology, with additional operations in Hungary and Poland.
The PVF distributor plans to repurchase its preferred stock for around $361 million, and shared its preliminary 3Q24 financial results.
The former vice president of the company brings extensive industry expertise and leadership to the family-owned distributor.
The company expands its concrete accessory and paving product offerings in the Michigan market with the deal.
The company enhanced its distribution network in the industrial and specialty gases sector with acquisitions in July, September and October.
Get a complete breakdown of the distributor's September and 3Q financials, which point to a demand uptick for the industrial supply sector.
The company is evaluating a potential sale after receiving takeover interest, sparking an 8.3% surge in its stock amid market challenges.
OmniCable promoted a company veteran with 14 years of experience to strengthen purchasing strategies and supplier relationships.
They'll be the 10th and 11th deals in 2024 for the infrastructure and industrial supplies distributor.
Get the details on the platform’s new vending program and what it means for distributors in terms of a potential threat.
The company aims to strengthen supplier partnerships and growth in the packaging sector with two promotions.
The company refinanced its debt with a Senior Secured Term Loan B, securing $105 million to support future growth initiatives.
Sonepar's leaders will now have broader responsibilities spanning both North and South America to better integrate key functions.
Insulation Supplies provides waterproofing, garage doors and shower doors to residential and commercial end-markets.
The company enhanced its service capabilities in Wisconsin and expanded its network of Parker Stores with the acquisition.
A company memo says the policy will help corporate staff understand the challenges and opportunities that store workers face every day.
The survey reveals rising costs and tightening profit margins, highlighting trends in warehouse pricing and labor expenses from 2022 to 2024.
Allowing Honeywell to focus on three core trend areas, the sale will create a publicly traded company aiming to capitalize on demand for specialty chemicals and technologies.
Accurate forecasting is a persistent challenge, and a lot stands in the way of improving visibility. This piece addresses how distributors are making headway on that front.
