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WEB3 days ago · A web-based SAAS tool that gives you insight into your market, your territories, your customers and new prospects too. Our daily newsletter is your best source for news and trends in the wholesale distribution industry. Modern Distribution Management (MDM) provides high-level in-depth resources to executives in the wholesale distribution industry.
The Top 50 B2B Marketplaces: A New Ranking
WEBSep 20, 2024 · Material Bank acquired another one of our top 50 B2B marketplaces from last year, Architizer. Material Bank is new to our top 10 list this year and originally started as a marketplace connecting interior designers with samples from suppliers. A designer could order samples by 10pm and receive them by noon the next day — for free.
Office Depot Realigns, Reaffirms Delay of Company Split
WEB4 days ago · The board of directors for the ODP Corporation, which operates as Office Depot, reaffirmed its stance June 21 on delaying splitting the company into separate B2B and B2C entities following a review of proposals to purchase the company’s consumer-centered operations. “Given current market and macroeconomic conditions, as well as the benefits of maintaining purchasing and supply chain ...
Behind the Scenes of the Zoro/Distributor Relationship
WEB2 days ago · Zoro merchandises its nearly 4 million products thanks to help from its ‘behind the scenes’ partnerships with a variety of distributors, from small businesses to larger outlets, operating in conjunction with a range of online channels — except Amazon. Over the years, Zoro has expanded from its original location in the Chicago suburb of ...
BradyIFS, Envoy Solutions Complete Blockbuster Merger
WEBSep 16, 2024 · The merger with Envoy Solutions marks BradyIFS’ sixth deal in 2023, after also reaching six deals in 2022. Envoy Solutions also has made six acquisitions in 2023, after making 16 deals last year. BradyIFS noted in July 2022 that it had surpassed $1.3 billion in annual revenue, but hasn’t publicly mentioned a financial update since.
Stellar Industrial Acquires Metalworking Distributor IMC
WEBSep 17, 2024 · Stellar Industrial Supply has begun its 2024 continued national expansion. The Tacoma, WA-based MRO supplies distributor announced Jan. 2 that it has signed an agreement to acquire IMC Supply — a 64-year-old metalworking supplies distributor based in Memphis, TN. Terms were not disclosed for the transaction, which closed Dec. 31, 2023.
Beacon Adds Waterproofing Distributor Garvin
WEBSep 16, 2024 · On Oct. 2, construction and building materials distributor Beacon announced it completed the acquisition of waterproofing distributor Garvin Construction Products based in Medford, Massachusetts.. For over 70 years Garvin has served design professionals, contractors and owners with complete building envelope solutions including waterproofing, restoration, glass, tinting and glazing.
GMS Expands Into NYC Market with Acquisition, Greenfield Facility
WEBSep 16, 2024 · Georgia-based building products distributor GMS Inc. announced Jan. 3 the first entries of its expansion into the New York City market. These include the acquisition of Brooklyn-based fastener distributor Tanner Bolt & Nut and the opening of a new greenfield location. GMS ranked No. 8 in MDM’s 2022 Top Building Materials/Construction ...
MiddleGround Taking Starrett Private in $122M Deal
WEBSep 20, 2024 · The all-cash transaction involves MiddleGround paying $16.19 per Starrett share, representing about a 63% premium to the company’s closing stock price on March 8 — the last trading day prior to announcing the transaction. Overall, it represents a deal value of approximately $122 million. “Following comprehensive outreach to potential ...
MEIDOH Acquires Pilgrim Aerospace Fasteners
WEBSep 20, 2024 · In a move that will diversify its offering, Japan-based fastener manufacturer MEIDOH acquired Pilgrim Screw Corp., which does business as Pilgrim Aerospace Fasteners.. Pilgrim is a manufacturer of screws, bolts, rivets, clevis pins, and other fasteners for the aerospace market, while MEIDOH is the premier supplier of bolts to Toyota, and produces nuts and related forging parts for the ...