It's just CD&R's latest major investment in the B2B distribution space.
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K-C Professional posted second-quarter sales of $887 million, an 11% increase year-over-year and 13% organic sales growth.
KCP sales rose 12% in the company's North America region in 1Q.
The financials included results for Varis, the company's new B2B marketplace launched during 2022's fourth quarter.
International Paper said its rebrand aligns with its strategic vision to "build a better IP."
The acquisitions come a month after Imperial Dade added Fresno, California-based Focus Packaging & Supply and 14 deals announced in 2022.
The London-based distributor of foodservice and packaging products announced it has made acquisitions in Germany and Canada.
It's the fourth acquisition of 2023 for Envoy.
Envoy announces its third acquisition of 2023 after making 16 acquisitions in 2022.
Kimberly Clark's Professional segment posted net sales of $800 million in 4Q.
It follows six deals that BradyIFS announced in 2022.
Avery Dennison could save up to 800 tons of carbon dioxide emissions by switching to Tosca's recyclable plastic pallets.
They mark the 54th and 55th bolt-ons for Imperial-Dade under the leadership of Robert and Jason Tillis.
It will be Envoy’s 11th bolt-on so far this year.
The transaction for Utah-based MBC is expected to close in October.
Tamera Fenske joins the company after a 22-year career at 3M, where she most recently served as SVP of manufacturing and supply chain.
Our long-awaited annual rundown of the top distributors across 17 industrial, construction and commercial products sectors is available to view and download.
Dana Duckworth joins the distribution supply chain and procurement services provider.
The spike in real GDP reflected larger increases in personal consumption expenditures (PCE) and nonresidential fixed investment.
MDM’s new report, Markets Forecast, offers quarterly revenue projections for the wholesale distribution industry, plus breakouts for select categories, for the current calendar quarter and the next fiscal year. The inaugural Forecast looks at post-pandemic projections for distributors as a whole, plus specific sectors.
