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AD is reporting member sales in the first nine months of 2021 were $44 billion, an increase of 34% across its 13 divisions and three countries. Same-store sales were up 19%. Member companies’ purchases from AD supplier partners grew 31%. Net distributions to its members were up 41%.
Sales representative firm HEBCO, Inc. of Independence, Missouri has been awarded the Milwaukee Valve’s 2021 Ron Stockstell Memorial Award for quarter-turn sales growth in 2020.
Stanley Graser has been appointed the director of plumbing to oversee the company’s markets within New York City’s five boroughs, New Jersey and Pennsylvania.
Anvil and Smith-Cooper International, a portfolio company of Tailwind Capital, announced the acquisition of the ABZ and Quadrant Valve brands from parent company Forum Energy Technologies.
Ferguson announced the acquisition of Old Dominion Supply, Inc. (“Old Dominion”), a wholesale distributor of HVAC parts and supplies in Maryland and Northern Virginia, and Atlantic Construction Fabrics, Inc. (“ACF”), a geotextile company operating along the East coast.
The Home Depot announced it has entered into a definitive agreement to acquire HD Supply Holdings, a leading national distributor of maintenance, repair and operations (MRO) products in the multifamily and hospitality end markets. The acquisition is expected to position The Home Depot as a premier provider in the MRO marketplace.
Dakota Supply Group (DSG) has opened its branch in Great Falls, MT as of Monday, November 9, 2020. The new facility is located at 1604 12th Avenue North, an easily accessible location off 15th Street near the Missouri River Bridge.
