MDM looks at another round of earnings reports from industrial distributors and manufacturers.
The combination creates a ‘premier regional platform’ serving Utah, Colorado, Arizona and Idaho, Shorehill Capital said.
The deal — originally announced in November 2022 — allows for the unit to go forward operating as RONA Inc.
The company’s sales growth flattened to end the year, while full-year sales grew by a modest 3%, according to Honeywell.
The distributor of fire protection and safety products continues to expand aggressively after making 23 acquisitions in 2022.
MDM looks at another round of earnings reports from industrial suppliers.
The toolmaker reported full-year 2022 revenues of $16.9 Billion, an 11% increase over the prior-year total.
Construction job openings also increased by 82,000 in December, according to an Associated Builders and Contractors analysis.
It was the index’s ninth straight month of decline, and third straight in contraction territory.
The new international Wesco Anixter brand represents the combined organization across its CALA, EMEA and APAC regions.
Full-year sales and revenue also increased 17% over the prior year, the heavy equipment maker said in a Jan. 31 announcement.
Since the start of 2021, France-based Rexel has acquired approximately $1.85 billion of sales via 10 transactions.
