All the latest reporting and analysis from Distribution Strategy Group.
Both companies are expanding to support additional customers.
Affiliated Distributors members completed 75 acquisitions so far this year, including 24 deals for fellow members and 51 involving companies outside the group.
The Flash U.S. Composite PMI Output Index inched up to 54.8, from 54.6 in October, the highest reading since July.
Two-thirds of the distributors surveyed (63%) expect full-year sales to come ahead of 2024.
Attend the only event on real-world AI execution in distribution.
For distributors, the outage is prompting fresh scrutiny of digital-risk exposure.
The deals continue the company’s strategy of expanding its HVAC/R distribution capabilities in the United States, one of its fastest growing regions.
Lowe’s has “a detailed road map of several additional high-impact AI initiatives” for Pro customers.
The newly closed FBM deal will broaden Lowe’s offerings for professional customers and help drive “long-term sales and profit expansion.”
For distributors, the Gibraltar-OmniMax deal underscores an accelerating trend: scale is reshaping the building-products supplier landscape.