Affiliated Distributors (AD), Wayne, Pa., a member-owned organization focused on bringing distributor and supplier partners together, reported member sales for its first six months of 2023 were $37.8 billion, up by 5% across 14 divisions and three countries.
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The total of purchases by member companies from AD suppliers reached $9.7 billion. Net distributions were $673.9 million to members.
Same-store member sales grew 8%, with a 9% increase in the U.S., a 5% increase in Canada and a 7% growth in Mexico.
AD’s strongest same-store performers, by Division, were Bearings & Power Transmission (+15%), U.S. Industrial (+14%), U.S. Safety (+14%) and U.S. Electrical (+11%).
“Just like other periods where there’s been elevated consolidation activity, we see the remaining independents gaining share in their local markets,” said Bill Weisberg, AD CEO.
