QXO makes public their proposal to acquire distributor.

Distribution Strategy Group
Articles by Distribution Strategy Group
The move boosts Belt Power’s custom offerings.
The company expands its Mid-Atlantic presence.
Index rose 3.3% for 12 months ended in December.
M.B. McKee expands reach in Texas.
Grainger’s father, William “Bill” Grainger, founded W.W. Grainger.
Acquisition expands footprint in West Texas.
Distributor also launches new website.
The new distribution center enhances service to Latin America.
AFC expands its Canadian footprint.
Acquisitions expand distributor’s footprint in Germany, Austria and Switzerland.
Inventories/sales ratio was 1.33.
Acquisition expands distributor’s Midwest presence.
Sales were $928 million for the quarter.
QXO aims to be a leading platform for building materials distribution.
Beacon announces 2 acquisitions and 2 new greenfield locations.
Patrick Knight named to lead electrical data organization.
The PMI was up by 0.9 percentage point from November.
Spending was virtually unchanged from October.
Deal strengthens capabilities in material handling and processing.