Overall, the deal effectively doubles the size of Do it Best’s membership.
Consumption decreased month-to-month, following a healthy gain in August.
PIP is set to expand its global footprint with the acquisition, adding 20 manufacturing sites and 17 distribution centers worldwide.
The companies said the merger will create a global leader in consumer packaging, enhancing innovation and sustainability.
The company agreed to acquire ADSG for $1.1 billion and acquired a majority stake in GIA for $2.8 billion.
Sonepar significantly expanded its North American presence in 2024, now operating 548 branches across all provinces, territories and states.
The final leg of this three-part series examines the HVACR supplier’s perception of being a technology company that happens to distribute products, and how it’s followed through on it.
We analyze the Wesco CEO’s insights shared at our 2024 event, where he detailed the company’s transformative journey of integrating Anixter, alongside scaling, innovating and maintaining a resilient culture.
ADI’s landmark acquisition of Snap One earlier this year continued to drive major annual sales gains, while organic also improved.
The new executive will build the company’s AI function, which will impact route optimization, robotics and automation.
It suggests that broader demand for industrial and construction supplies remains subdued heading into 2024’s closing months.
The company also announced a new board chair, effective immediately.
