Zoro, which offers more than 11 million products for business and facilities maintenance buyers, continues to focus on expanding its assortment and fulfillment capabilities,

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.