As 2024 ends, I’ll review last year’s predictions and share twelve trends for 2025. I’ll focus on important trends for supply houses rather than predicting the stock market. Let’s dive into my 2024 predictions.
The company will continue operations as Peoria Pump: A DSG Company, before transitioning the brand to DSG in the future. Mr. Cole will remain with the company during the transition period to ensure successful integration.
In total, the company has closed on eight acquisitions this fiscal year, ending July 31, 2024. Aggregate annualized revenues for all acquisitions this fiscal year is approximately $350 million.
Winsupply has completed the purchase of Keidel Supply, a premier plumbing, cabinetry, lighting, appliance and PVF distributor with two locations in Ohio.
Realizing it is time to sell your family business can be challenging. The Beringer Group understands the bond an owner has with their business and wants to help you find the perfect buyer and fit for your company.
Mountainland Supply Co., an employee-owned company and in the specialized distribution of water, groundwater and construction materials announced the acquisition of Ogden Lawn and Garden LLC., a lawn, garden and grounds equipment supplier, based in Ogden, Utah.
Oatey Co. announced the acquisition of Lansas B.V. (Lansas), a manufacturer and distributor of underground pipe and disc plugs based in Eijsden, Netherlands.
All three acquisitions closed in the fourth quarter of fiscal year ending July 31, 2023, and generate aggregate annualized revenues of approximately $450 million.