Now privately owned, the former Grainger subsidiary lands a new leader with over 30 years of driving growth in distribution.
BlackHawk adds an industry veteran with deep category management expertise at prominent industrial distributors.
The distributor posted its fifth straight month of double-digit daily sales gains despite a soft demand backdrop and topped analysts’ expectations, powered by acceleration in heavy manufacturing.
It was the fourth straight month that Fastenal saw its daily sales rate grow by double digits year-over-year, powered by pricing actions in Q2-Q3 of this year.
Set to jettison its U.K. operations, the MRO distributor lowered its full-year sales outlook but raised margin expectations. Get all the key figures here.
DSG delivered solid organic expansion in its MRO and OEM sectors, while recent acquisitions continue to deliver on top-line growth.
Current MSC COO Martina McIsaac will succeed Erik Gershwind following his planned retirement after 13 years as CEO.
At Motion, Genuine Parts Company saw year-over-year and sequential sales improvements and end market growth despite continued sluggish demand and “cautious” consumers.
It marks a regional exit for Grainger after 10 years in the U.K. and a sharper focus on North America and Japan.
The CEO search process for the heavy equipment and industrial parts distributor is expected to be completed in the first quarter of 2026.
The company’s August sales report showed that double-digit daily sales growth continued, albeit at a slight deceleration month-to-month. Get a detailed breakdown of the figures here.
The MRO supplies distributor promoted from within for its supply chain VP and northeast customer experience VP positions.
