Distribution Industry News

TopBuild said the acquisition will be funded through a combination of cash on hand and its recently expanded credit facility.

Blackhawk’s ecommerce-focused model and expansive parts catalog provide a competitive edge in meeting increasing demand for digital procurement solution.

Bill Geary, formerly a senior executive at global distributor Wesco, will succeed Steve Snower as CEO.

At Kraft Heinz, Eric Nelson oversaw large-scale cloud migrations, developed enterprise-wide analytics platforms, and digitized core logistics operations.

The acquisition, effective immediately, is intended to expand Spartan’s product portfolio and enhance its manufacturing capabilities.

Wholesale sales of durable goods tick up in May as inventories fall.

Capstone is making a long-term bet that it can succeed where others have struggled—by building an integrated distribution platform.

According to DXP, the company amended an existing credit agreement to increase its total revolving borrowing capacity from $135 million to $185 million.

As of Tuesday morning, the company had not disclosed whether sensitive data, such as customer, vendor, or employee information, was compromised.

The reset comes after Goodyear and Bridgestone, two of the top global tire manufacturers, cut distribution ties with ATD within the past year.