The acquisition is the latest in a series of bolt-on deals GMS has completed since becoming part of The Home Depot’s distribution platform.
Central contributes its pet supplies distribution operations and a branded portfolio that includes Nylabone, Kaytee and Aqueon, among other labels.
Total digital footprint combining FMI and e-business sales net of overlap accounted for 61.5% of net sales, compared with 61.0% a year earlier. E-business sales, which include e-procurement and ecommerce transactions, reached $648.8 million, up 6.8%.
Wholesale distributors are absorbing the sharpest inflation shock in two years, as surging energy prices triggered by the U.S.-Israeli military conflict with Iran drove the Consumer Price Index up 3.3% year-over-year in March.
Across verticals, the expansion activity reflects a consistent strategy: distributors are building larger, strategically located facilities to improve delivery speed and service levels in contractor-driven end markets.
CEO Andy Jassy described a company investing at unprecedented scale to expand its reach across procurement, logistics and customer access — areas that align closely with distributors’ traditional strengths.
Brian Walker most recently served as chief product officer, where he oversaw Grainger’s technology priorities, including its digital platforms and Grainger.com.
Sealed Air’s product lines are widely stocked and distributed by packaging, industrial and janitorial/sanitation distributors serving a range of end markets.
As ecommerce and AI vendors compete to control the B2B commerce stack, distributors face potential shifts in the platforms, integrations and digital capabilities that underpin their online sales and customer experience.
Tom Peck, executive vice president and chief information and digital officer, will step down effective April 10, to pursue an opportunity outside the foodservice industry.