Distribution Industry News
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Winsupply Acquires Hydrologic Distribution Company
Hydrologic has 12 locations across the state with $250 million in annual revenue.
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Amazon Report Finds 91% of B2B Buyers Prefer Online Purchasing
This year, 68% of buyers said they planned to make about 40% of their purchases online.
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ASA Members Report Median Sales Growth of 23.5% in August
Given the inflationary environment, ASA reports year-over-year comparisons should be “viewed with caution.”
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Sonepar Taps New Digital Leaders
The two new positions are focused on accelerating Sonepar’s investments in a better omnichannel experience.
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Blue Sea Capital Acquires ProSource from CID Capital
ProSource is a South Carolina-based supplier of luxury plumbing fixtures, electrical, lighting, and cabinet and door hardware.
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Ferguson Fiscal 2022 Sales Up 25.3% to $28.5B
U.S. sales for the distributor were up 26% for the year.
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Sonepar Acquires PEPCO and Basin-River Electrical Supply
PEPCO adds 10 locations in Ohio and Pennsylvania, and Basin-River adds one in Louisiana.
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TricorBraun Acquires Mark’s Barrel Company
MBC focuses on sustainable and environmentally friendly packaging.
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Grainger Expects $20 billion in Sales by 2025
The growth represents 8% to 10% compounded annual growth from Grainger’s mid-point 2022 guidance of $15.1 billion.
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Core & Main to Acquire Hawaii-based Distributors, Inc.
Distributors, Inc. serves fire protection contractors throughout Hawaii.