ADI, which distributes low-voltage security, fire, and audio-visual products, will become a separate company with its own management team and capital structure.

SiteOne completed the acquisition of Green Trade Nursery during the quarter and closed two more deals—Grove Nursery and Nashville Nursery—after the quarter ended.

Chief financial officer Kristen Actis-Grande will step down on August 8.

North America was the top-performing region for the international electrical distributor, with sales in the U.S. up 8.2% and Canada rising 10.9%.

Two-thirds (67%) of respondents expect the average effective tariff rate to remain unchanged or rise slightly by the end of the year.

The agreement follows what the companies described as “a mutually satisfactory resolution of the lawsuit” originally filed by Provi in 2022.

The company continues to grow through acquisition as part of its strategy to broaden its national footprint and product range.

“This is one of only 10 warehouses of this type that the company has in the United States,” said Plainfield First Selectman Kevin Cunningham.

Demand for backup power systems, military equipment, and batteries surged in the first half of 2025.

According to the complaint, the breach resulted in $49 million in direct remediation costs and extensive downtime that disrupted manufacturing.

Matt Powell joins Dexter from Modine Manufacturing Company, where he served as group vice president.

About 20% of the company’s U.S. auto parts are sourced from China, a figure CFO Bert Nappier said is in line with industry averages.

FleetPride Inc., the largest independent distributor of truck and trailer parts and services in the U.S., has named Tom Greco as its new CEO.

The company reported full-year sales of $4.3 billion, up 87% from $2.3 billion the previous year.

Cavallo has added new features to its Profit Max Platform, designed to help distributors increase profitability.

Motion’s digital channels continued to gain traction, accounting for approximately 40% of total sales segment in the quarter.

In May 2025, Warshauer Electric Supply was acquired by Rexel USA.

BCS provides advanced solutions for building automation, energy management, and gas detection.

While at Walmart Michael DeWitt oversaw $10 billion in annual purchasing across 18 countries.

The company said it is navigating near-term challenges, including labor availability, weather disruptions, and affordability pressures.