Singer Industrial, formerly known as SBP Holdings, is a leading distributor specializing in industrial rubber, fluid power, and automation products.

Analysts note that this acquisition reflects the broader trend of consolidation among regional distributors as national players seek scale, local expertise, and diversification.

The Rosemont, Ill.-based distributor reported first-quarter net sales of $9.35 billion

Looking ahead, Sysco lowered its fiscal 2025 guidance, citing the macroeconomic environment.

For the second quarter of 2025, Resideo expects revenue between $1.805 billion and $1.855 billion.

Despite these earnings challenges, MRC’s backlog climbed to $603 million at the end of March.

Sunoco has secured a $2.65 billion, 364-day bridge term loan to finance the cash portion of the transaction.

RMCT will be integrated into Stellar’s broader operations, including the company’s Documented Cost Savings (DCS) program.

Mortensen is expected to help guide initiatives around workforce development, safety certification, and best practices.

SiteOne completed two acquisitions year-to-date: Pacific Nurseries and Green Trade Nursery.

Grainger has not yet seen meaningful tariff-driven customer demand shifts.

Wesco posted net sales of $5.34 billion.

Applied reported net sales of $1.17 billion, up 1.8% from the prior year.

Executives reaffirmed full-year guidance, but analysts see risk.

Revenue for the quarter ended March 29 totaled $5.32 billion.

Wall Street analysts reacted positively to DSG’s performance.

Results were driven by strong double-digit growth in the e-commerce business.

Hillman Solutions Corp. reported modest revenue growth in the first quarter of 2025 but saw a sharp decline in free cash flow and warned

Jacobs cited QXO’s plans to roll out AI-driven pricing engines, dynamic ordering portals, and predictive inventory tool.