TestEquity is a core business unit of DSG and a distributor of test and measurement equipment and electronic production equipment.
The agreement, unanimously approved by both companies’ boards of directors, significantly expands Home Depot’s footprint in professional-grade distribution.
Customers expect more digital tools and self-service options, said Parts Town CIO Jamie Head.
The merger brings together two major players in the distribution of energy and industrial products.
The new megahub is part of a broader initiative to consolidate Stellantis’ U.S. parts operations and upgrade logistics infrastructure.
For the quarter ending May 31, TD SYNNEX posted revenue of $14.95 billion, up 7.2% from the same period a year ago.
Artificial intelligence is entering a new era of widespread adoption in wholesale distribution, said Jonathan Bein, co-founder and managing partner of Distribution Strategy Group.
Both companies cited strategic synergies as a core rationale for the deal, including overlapping yet complementary distribution networks and procurement cost reduction.
Tavoron operates in nine U.S. states and parts of Canada, serving industries including manufacturing, logistics, and energy.
Two-thirds of manufacturers reported higher input costs due to tariffs, with over half of them passing on these cost increases to customers.