Industry consolidation ramps up with blockbuster transactions throughout year.
Latest In HD Supply
Strength in construction end markets propels company to strong 3Q.
Year-to-date sales were up 5.8 percent year-over-year.
Industrial trends, plus M&A and e-commerce strategies top of mind for distributors.
Profit soars 127.7 percent as company benefits from reduced expenses.
CEO takes reins of Facilities Maintenance as company doubles down on division.
Company participated in scheme to take advantage of Disadvantaged Business Enterprise program.
Anixter International Inc. recently announced it would acquire HD Supplys Power Solutions division, one of its core lines of business. This article looks at how the $825 million deal benefits both companies.
This article includes:
- What led Anixter to the decision to buy
- Why HD Supply wanted to sell its Power Solutions division
- What is next for Anixter
Subscribers should log in below to read this article.
Not a subscriber? Subscribe below or learn more. Subscribers also have access to the following related articles:
- M&A Competition Heating Up
- Amazons B2B Move Reduces Threat
- Second Quarter 2015 Financial Metrics & Trading Multiples
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
The Home Depot's acquisition of Interline Brands headlines mammoth month in M&A.
$825 million purchase helps Anixter expand electrical wire and cable business.
Distributor overcomes negative impact of weather, foreign exchange to grow sales, profit in 1Q.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
White cap division sales up 13 percent year-over-year.
Ice storms in Southeast dampen company’s first-quarter outlook.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Company's fourth-quarter sales up 7.2 percent year-over-year.
Company promotes Tony Cammiso to lead 30 branches in the fire protection division.
Company expands White Cap division presence in Boston, MA, Los Angeles, CA, and Killeen, TX.
Profit improves 17.6 percent from same period a year ago.
HD Supply CEO: Deal represents companies' "long-standing and natural partnership."
New 46,000-square-foot store is HD Supply division's 12th location.
