The deal is the latest in a series of acquisitions reshaping the industrial distribution market, where distributors and investment-backed platforms continue expanding through specialized product lines and value-added technical services.

The alleged conduct included directing employees to cover “Made in China” markings, instructing the manufacturer to remove the markings and canceling orders after learning they would be inspected by customs authorities.

With three acquisitions announced in less than five months, Graybar remains one of the most active acquirers in the electrical distribution sector in 2026.

The addition of Vallen CEO Chuck Delph gives one of North America’s largest industrial distributors a seat on the board as the industry navigates slowing economic growth, digital transformation, and artificial intelligence adoption.

The decline in building permits is an early warning sign for distributors serving residential construction markets, including lumber, electrical, plumbing, HVAC and building materials.

Grady Martin most recently served as COO, where he helped oversee the company’s operations, technology initiatives, and long-term growth strategy.

QXO said builders, general contractors and large commercial projects such as data centers present the greatest opportunity because those customers typically purchase roofing, insulation, waterproofing, lumber, doors, windows, and other building products for the same job.

The executive changes continue UNFI’s efforts to simplify its organizational structure while strengthening coordination between sales, operations, and technology.

The acquisition reflects continued consolidation in the packaging and food service distribution sector, where distributors are using acquisitions to expand product categories, strengthen sourcing capabilities and offer customers a broader range of consumable products through a single supplier.

IFDA represents the U.S. foodservice distribution industry, which the association estimates at $400 billion in annual sales.