Affiliated Distributors (AD) has reported owner/member sales in 2023 were up 5% over the prior year to $78.9 billion.
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Purchases by member companies from AD supplier partners were $19.8 billion. Net distributions to owner/members were $1.4 billion.
AD welcomed 49 new members to its group in 2023 through a combination of organic growth and the merger with the groundwater-focused Baron Group in AD’s PVF – U.S. Division. This count does not include the members joining AD as part of the merger with The Edge Group in AD’s Electrical – U.S. Division, which became effective on Jan. 1, 2024.
In addition, existing members acquired 41 non-AD companies and 20 fellow members. Thirty-four of AD’s 860 members sold their businesses outside the group.
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