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Continental to Sell ContiTech to Lone Star Funds for $4.6B

The pending sale would make Continental a pure-play tire manufacturer while putting ContiTech’s industrial rubber, hose, conveyor and fluid management portfolio under private equity ownership.

Our latest MDM Case Study examines how Stellar Industrial Supply built a differentiated growth model around documented customer savings, service-first selling and digital execution — turning measurable value creation into a durable platform for customer...

Resideo’s board has formally approved the planned spin-off of ADI Global Distribution, setting a July 20 record date and Aug. 3 shares distribution date for the low-voltage products provider.

U.S. construction spending edged higher in May, helped by continued public sector gains and residential improvement. Private nonresidential spending, however, declined for an eighth straight month. Get all the key data and charts here.

Do it Best Group is relocating True Value’s headquarters from Chicago to Fort Wayne, IN, bringing the retail-owned hardware chain’s corporate base to the home of its new parent company.