For distributors, slower supplier deliveries can translate directly into longer lead times, higher safety stock requirements, and increased working capital.
The acquisition is expected to contribute more than $10 million in net sales in Hillman’s fiscal 2026.
Each vertical will continue to operate with its own leadership and market focus, while gaining access to shared services and increased collaboration across industries.
Singer Industrial said its approach is built on centralized infrastructure and shared services, local operational control, and an acquisition strategy that maintains the identity and leadership of acquired companies.
The analysts said the results reflect “an encouraging trend of momentum” across industrial and specialty distribution, but they emphasized that a broader inflection in fundamentals has not yet occurred.
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.