VMR: Fastenal's Roller Coaster Week, Wolseley's CEO Search, And An Acquisition For Würth

ID's latest Video Market Report discusses a week filled with big Fastenal news, including its third new CEO in 11 months, a major acquisition, and the result of a hiring discrimination lawsuit.

Oct 15, 2015

Industrial Distribution's latest Video Market Report discusses a week filled with big Fastenal news, including a third new CEO in 11 months, a major acquisition, and the result of a hiring discrimination lawsuit.

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Mergers & Acquisitions
Dallas Fastener Supplier Acquired by Private Equity
The deal will officially launch the firm’s new industrial fastener platform.
June 15, 2026
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Company Expansion & Consolidation
Texcel Expands to Nevada
The hose, hydraulics and sealing supplier has opened its sixth regional warehouse.
June 15, 2026
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Company Expansion & Consolidation
Sonepar Subsidiary Opens Charlotte Distribution Hub
The company also plans to add more branches in the Carolinas later this year.
June 12, 2026
Singapore skyline.
Mergers & Acquisitions
Wesco to Acquire Data Center Services Company
The Singapore-based firm provides advanced thermal management systems.
June 12, 2026
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Mergers & Acquisitions
Hillman Turns to MRO for Growth
The fastener and hardware distributor has ambitious revenue targets — and is pushing beyond its usual market to meet them.
June 12, 2026
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Staffing Changes
Former Wesco, 3M Exec Named SureWerx COO
Shawn Gregg most recently served as Wesco’s vice president and general manager of global safety.
June 11, 2026
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Logistics
Amazon Expands Freight Service to Outside Distribution Hubs
The e-commerce giant says its less-than-truckload service can now go to “any type of destination.”
June 10, 2026
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Mergers & Acquisitions
Snap-on Acquires Diagnostic Tools Provider for $100M
The tool maker said the deal would bolster its capabilities in the heavy-duty and equipment markets.
June 10, 2026
Core & Main branch, Cedar Rapids, Iowa.
Earnings
Core & Main Posts Flat Sales, but Earnings, Margins Climb
The company maintained its original forecast for its full fiscal year.
June 10, 2026
I Stock 144211015
Mergers & Acquisitions
Tallman Equipment Acquired by Private Equity Firm
Platte River Equity has added the linemen tools provider to its stable of distributors.
June 9, 2026
The United States Court of International Trade is seen in front of the Jacob K. Javits Federal building in this, March 18, 2015 photo, in New York.
Economy
Dispute Persists Over Tariff Refund Eligibility
The DOJ has argued that only those who filed suit are entitled to seek refunds.
June 9, 2026
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Mergers & Acquisitions
Private Equity Firm to Acquire Total Safety’s MRO Distribution Business
The deal includes 13 distribution centers and a network of customers stores and vending sites.
June 8, 2026
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Supply Chain
High-Tech Hub
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Portland, Maine.
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Airline Hydraulics Acquires Maine Controls Distributor
The company said the deal would nearly double its footprint in New England.
June 5, 2026
iStock.com/JHVEPhoto
Sales
Fastenal Daily Sales Climb Nearly 15% in May
The company posted more than $750 million in monthly net sales.
June 4, 2026