AD, Wayne, Pa., North American marketing and buying group for construction and industrial supplies, increased member sales across 14 divisions and three countries in the first six months of 2024, to a record $40.4 billion.
Don’t miss any content from Distribution Strategy Group. Join our list.
Same-store sales increased by 4% in the U.S., 1% in Canada and 15% in Mexico in their respective currencies. Member purchases from AD suppliers grew 4% to $10.1 billion.
Eighty-seven new members have joined AD year-to-date, including 50 that joined as part of the Edge Group merger and 37 that joined independently. AD members also acquired another 20 companies outside of AD.
AD CEO Bill Weisberg said: “Our membership growth continues to outpace the impact of consolidation and, in addition to positive financial results, several of our programs launched new offerings and celebrated significant milestones. We are looking forward to continuing our work on behalf of our AD owner/member independents, supplier partners, service providers, to maintain this solid growth through the end of the year.”
