DSG will pay $269 million at closing for Hisco, which was No. 39 on MDM's 2022 Top Industrial Distributors list.
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That included $430 million in revenue from Lawson Products, up 15.6% vs. 2021.
Fourth quarter revenue in Wajax's Industrial Parts segment rose 26.9% year-over-year.
It was a deceleration from January's 11.2% growth, but another solid month nonetheless.
Hospeco said the deal complements its already-robust wipes offering and expands the manufacturer’s North American footprint in that market.
![Kimball Midwest Newtown Sign[7]](https://www.mdm.com/wp-content/uploads/elementor/thumbs/Kimball-Midwest-Newtown-Sign7-qtx18iwi3ltsg5y06b14znfxig1m8dwsz5lfxzcxxg.jpg "Kimball Midwest Newtown Sign[7]")
The MRO distributor was one of 105 recipients of a Training Magazine award.
We chat with ISA President Brendan Breen to preview ISA23 in April, how the association has evolved to focus on year-round engagement and what he's hearing from members about business conditions.
Fastenal bounced back after a December that saw slower sales growth.
For the full year, Grainger saw its sales grow 16.9% from 2021.
They mark the fourth and fifth bolt-ons for MSC in a 19-month span.
Marc Strandquist has joined the industrial distributor as EVP of its Fastening Solutions Division.
The industrial supplies redistributing platform announced three key changes to its sales team for the new year.
The hardware products distributor has added a former Hillman Group and Elgin Fastener executive to lead its Industrial Business.
See who will succeed John Howard in the role at the end of January.
Jeff Whittemore joins Grainger after spending nine years with Ulta Beauty.
Bob Zamarripa was OneSource Distributors’ Chairman and CEO until 2013 and has served on numerous other boards of leading industrial distributors and manufacturers.
Kimball selected Newtown, Connecticut for its strategic location.
Applied continued its investment in the automation industry with its fourth acquisition in that market since 2019.
The new DC significantly expands the company'sfootprint in Canada, while its margin and profit dipped in 3Q despite higher sales.
Sales growth at Motion Industries narrowly outpaced that of 2Q, with organic sales driving the majority of it, alongside a continued boost from Kaman Distribution Group.
