The increase was the largest in more than two years.
Latest In Plumbing Products & PVF Distribution
The acquisition of Bergen expands Webb into the New Jersey market.
An expansion is also underway at Meier Supplys Rochester, NY, location.
Ferguson Waterworks expands footprint in Hawaii’s water and sewer supply business
Danbury Winsupply will serve plumbing and heating contractors in western Connecticut and southeast New York state.
Fourth-quarter revenues for the Distribution & Transmission segment were up 126 percent.
Excluding Hussman divestment, sales were up 1 percent from 2011.
Move broadens Webb Kentrol/Sevco’s instrumentation business in upstate New York.
Acquisition provides platform for growth in California.
The growth rate was enhanced by the comparison to an unusually weak November 2011.
The acquisition enhances Edgen Murray’s valve and actuation offerings.
This article is part of the MDM series: The Shifting Competitive Landscape.
One of the most popular examples of a collaboration between distributors that has worked is that of APR Supply, Schaedler Yesco and Industrial Piping Systems in Pennsylvania. The three have 11 locations together, and continue to uncover new opportunities to benefit from the arrangement. They’ve inspired a new program from Affiliated Distributors called Co-Ventures. This article looks at why the distributors’ collaboration has worked and what to consider when going down a similar path.
Jim Hoffman saw a common thread in his first three clients after he launched his consulting business. “By the end of my first year working in those three companies, I thought, ‘Except for what’s in the boxes, they’re in the same business,’” he said. If he could get them to work together, he thought they could accomplish great things.
More than six years later, the co-venture between plumbing supplies distributor APR Supply Co., electrical distributor Schaedler Yesco and PVF distributor Industrial Piping Systems continues to grow. The three distributors also continue to uncover new ways to benefit from working together.
Today, the companies have 11 shared branches
The diversified distributor reported a loss of $50 million for the quarter.
Six of seven regions posted growth.
Production Specialty Services has 17 locations in Texas and New Mexico.
Acquisition enhances offerings to customers in the U.K. and Europe.
The purchase enhances Waterworks capabilities in the South Central U.S.