Sweden-based OEM has 34 operating business units in 15 countries across Europe and in China.
TopBuild is also set to acquire New York-based thermal insulation supplier Shannon Global Energy Solutions.
The company launched a new logo and website as it aims to drive innovation in hydraulic, electromechanical and pneumatic technologies.
Ascent specializes in data center facility and property management, offering solutions for data center operations in the U.S. and Canada.
Optimum was a top customer whose contract expired at the end of June. Excluding that, 1Q sales saw double-digit annual growth.
The company raised its outlook for operating margins, driven by strong performance in its Aerospace Systems segment.
Acquisitions earlier in 2024 and prior accounted for a healthy annual sales gain, emphasizing the strategic expansion of its customer base.
Meanwhile, the bearings maker posted its 3Q results, made an Australasia acquisition and updated on its Automotive separation.
The company’s WIS unit sale earlier this year drove most of its overall sales decline, while its CSS segment powered narrow organic growth.
The organic gain outperformed compared to other industrial distributors in the July-September period.
Beacon set a company record for quarterly sales, with acquisitions largely driving year-over-year growth.
ABC Supply’s CEO shares a scaling secret that defies business school teachings. Learn how decentralization fueled the building supply distributor’s rise to the top.
