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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White Cap Adds Pennsylvania Distribution Hub
The Bethlehem facility is its second “Enterprise Distribution Center.”
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DNOW Reports Another Loss After MRC Acquisition
Company officials, however, touted a “significantly improved performance.”
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Distribution Solutions Group Posts Higher Sales, Declining Margins
The company pointed to higher tariff rates and “customer and vertical sales mix shifts.”
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Mergers & Acquisitions
Motion & Flow Control Products Acquires California Distributor
The company said that the deal would bolster its presence on the West Coast.
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DXP Posts Stronger Sales, Acquires Canadian Company
Officials said the acquisition would provide DXP’s water platform with “a beachhead in Canada.”
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Earnings
Global Industrial Posts Higher Sales as Tariff Refunds Boost Margins
The company’s latest quarter saw sales climb amid “gains in both volume and price.”
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Sales
Graybar Announces Record Quarterly Sales
The company has also completed its acquisition of Samson Electrical Supply.
August 4, 2026
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Mergers & Acquisitions
Hillman to Acquire Fastener Wholesaler in $315M Deal
The move would establish “an immediate and credible foothold in the industrial channel.”
August 4, 2026
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Mergers & Acquisitions
MCE Acquires Wisconsin Pump Distributor
The deal is MCE’s third acquisition this year.
August 4, 2026
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Earnings
Grainger Reports 10% Increase in Sales and Stronger Profit, Margins
The MRO giant raised its forecast heading into the second half of the year.
August 4, 2026
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Company Expansion & Consolidation
Packer Fastener Adds Omaha Hub
The company’s first Nebraska location represents its third new market added this year.
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AD Reports Record First Half Member Sales
The buying group also added nearly 80 new members during that span.
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Mergers & Acquisitions
Turner Supply Acquires Georgia Distributor
The Savannah company will bolster Turner's operations in coastal Georgia and South Carolina.
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Meritus Acquires Metroplex Welding Supply
The deal will expand the company’s footprint in North Texas.
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