The lawsuits accuse 3M and a subsidiary of selling faulty combat earplugs that damaged the hearing of veterans who used them.
Offen said the acquisition further strengthens its ability to distribute major oil company-branded motor fuel to independent retailers.
Belt Power has grown significantly since Shorehill’s original 2014 investment, expanding from three branch locations to 12.
Sarah Bryne has joined the distributor marketing resource firm.
The home improvement company also reported 2022 second-quarter earnings of $3 billion, in line with prior-year results.
The home improvement company said its year-over-year second-quarter sales increased 6.5%, or $2.7 billion.
The Dublin, Ohio-based company also reported fiscal 2022 fourth-quarter revenue of $47.1 billion, an 11% annual increase.
Formerly known as Electrocomponents plc, London-based RS Group will add Monterrey, Mexico-based Risoul.
The Phoenix-based global technology solutions provider also reported fiscal 2022 4Q sales of $6.4 billion.
The company recently celebrated the opening of its 105th new store in 2022 amid continued distribution network expansion.
The 95,000-square-foot facility will manufacture new, innovative hand tools, according to a news release from the company.
The Cleveland, Ohio-based company also says that full-year sales reached $3.8 billion, up 17.8% over last year.
