After a few solid but unspectacular months for deal volume, May spiked to the most distribution deals tracked by MDM since at least the start of 2023.
Industry News
Kevin Boyce will succeed Benoit de la Tour as CEO of manufacturing and distribution software provider Advantive to accelerate growth.
STAFDA's 48th Annual Convention will feature an economic update from Alan Beaulieu, a session on sales growth from Dorn Group and more.
Hydraulic and pneumatic fitting distributor Brennan has established a local presence in Mexico to align with customer operations.
More sluggish than previously estimated, it marked the slowest growth quarter since 2Q22.
Steve Ruane will retire at the end of 2024 after 23 years with the member-owned distribution group.
Wesco said it has already met one of its key 2030 ESG goals, and is on track to achieve another.
Tencarva gains a West Virginia-based distributor of specialized thermal coating services and related parts.
It adds six branches and 130 employees across Massachusetts and New Hampshire.
Kennametal is working to restore production at its Rogers, AK, facility to minimize shipment delays to customers.
Cordatus Capital formed American Gas Group to pursue acquisition of independent packaged gas distributors.
It adds to EMS’ footprint of 15 distribution and manufacturing facilities.
A new Milwaukee location will allow Cameron Ashley to offer its same-day and next-day delivery to more customers in eastern Wisconsin.
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