GPC names leadership teams ahead of its corporate separation
Court Carruthers becomes GPC CEO-elect while Will Stengel leads Motion. Both companies host investor days in December before the split completes in early 2027.
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Latest news in Diversified Industrial Goods Wholesale
Company announcements
Sonepar acquires Support Automação Industrial to expand its Brazilian industrial presence
The acquisition strengthens Sonepar's strategic footprint across key Brazilian regions and boosts technical automation capabilities for diverse manufacturing sectors.
Hammarprodukter appoints Henrik Petterson as new CEO
Lars steps down after forty years but remains owner. Henrik brings extensive industry experience and aligns with company values starting October 2026.
ITOCHU completes share tender offer and commences market purchases
The company acquired 82.7 million shares at 1,813 yen each. Remaining authorized funds of 150 billion yen will support ongoing market repurchases through January 2027.
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Media coverage
Refinancing of BayWa AG before the autumn showdown
BayWa reports operational stability and sells Mobility Charging. The financial future will be decided by an agreement with creditors.
Uline Prepares to Open Massive Connecticut Distribution Center
AdvanceCT, Connecticut's nonprofit business recruitment organization, has called the project one of the largest logistics ...
Japan’s ITOCHU invests USD1.9bn in Aviation Capital Group | Law.asia
Mori Hamada & Matsumoto and Clifford Chance have advised on ITOCHU Corporation’s USD1.9 billion investment in aircraft lessor Aviation...
BayWa AG: After the Charging division – how does the breakup continue?
A leadership change in a ... today must orient themselves. Not to be confused with this is the insolvency of BayWa Bau- & Gartenmärkte GmbH & Co. KG: This...
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