The electrical distribution giant posted record sales and profitability across its portfolio, with data center growth again leading the way, while sharply raising its 2026 outlook and closing its Newark Engineering acquisition.
SiteOne Landscape Supply posted higher second-quarter sales, profit and gross margin as acquisitions, pricing and commercial initiatives offset continued weakness in residential construction and repair-and-upgrade demand.
The manufacturer’s power tools and North American businesses returned to growth, while tariff refunds and productivity gains expanded margins and supported raised 2026 guidance.
The HVACR distributor posted modest sales and residential equipment volume growth as its A2L transition neared completion, while eCommerce sales continued to gain solid traction during the first half.
The major wine and spirits distributor entered bankruptcy after transferring most of its markets to competitors, closing facilities and accumulating hundreds of millions of dollars in unsecured supplier claims.
The distributor’s newest HVAC supply house expands its reach in North Carolina’s Triad region, continuing a busy year of greenfield openings, acquisitions and major distribution infrastructure investments.
The distributor expects to open the facility this fall, adding about 20 employees as it expands its service coverage across West Texas and neighboring New Mexico.
Rexel’s 2Q same-day sales climbed 6.7%, including 7.8% growth in North America, as data center projects, industrial automation and firmer pricing drove broad-based acceleration. The electrical distribution giant raised its full-year sales and profitability outlook.
A 23-year company veteran will lead the distributor’s cybersecurity resilience and enterprise risk efforts, becoming the latest longtime Border States employee-owner elevated to a VP role in 2026.
The acquisition adds Indesco’s hydraulic, pneumatic and power transmission expertise and expands IBT Industrial Solutions’ distribution presence into the Southeast.
The investment firm’s private equity business will acquire a controlling interest in the Edmonton-based industrial MRO distributor, while Gregg employees retain a meaningful ownership stake.
The private equity firm will partner with CMW’s longtime management team to expand the St. Louis-area distributor’s service offerings and geographic reach.
