As its eighth acquisition since 2022, the deal expands NEFCO’s branch network to 41 U.S. locations.
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Ebbert has experience representing manufacturers in the STAFDA, industrial and heavy construction markets.
The company is set to separate its electronics and water businesses from its industrial unit.
The distributor of kitchen appliances, HVAC, plumbing and pool & spa parts has sped up its delivery services by partnering with DoorDash.
CEO Ted Decker noted a weather-delayed start to spring and continued softness in certain larger discretionary projects.
Growth in DEWALT and Engineered Fastening was more than offset by lower infrastructure volume and "muted consumer and DIY demand."
The company's largest segment saw organic sales fall 1.5% in the Americas, though operating profit saw a healthy improvement.
CEO D.G. Macpherson noted how the company achieved solid results amidst a slow, but steady demand environment.
Originally announced this past July, the deal was valued at $960 million.
The distributor is adding over 1,000 new products to its current inventory of 6,000 items alongside advanced logistics solutions.
We update on where Ferguson is at in its MDC rollout plan that will place smaller distribution centers closer to pro customers in major metro areas.
Local media cited financial troubles leading to buyer backing out of purchasing the hand tool maker's Bushnell, IL plant.
With the addition of Southwest Fastener in 2023 and now Unicoa, NEFCO is one of the largest local construction supply distributors in Phoenix.
Mike Hockett and Craig Webb break down the key details of the combination, why it makes sense for Home Depot and why this was likely the long-term play for SRS all along.
Mike Hockett analyzes different angles of this $18.25 billion megadeal in building materials distribution and the questions it raises for the markets it touches.
The distributor has added United Roofing Supply Katy, TX and All Canadian Building Products in Surrey, BC.
It follows the news that the distributor is selling its wholesale hardware unit to House-Hassan.
The acquisition doubles the number of House-Hasson's distribution centers and grows its hardware inventory.
Terry Rosser takes the company's new CSO role after serving in supply chain roles at Uber Freight and Walmart.
Building Products distributor Cameron Ashley has added 28 greenfield locations and five acquisitions in the past 5 years.
