AD owner/members beat records in 2024
AD reported record results for 2024 in owner/member sales, member purchases from AD supplier partners, and net distributions to its owner/members.
AD owner/member sales increased 6% to $83.3 billion. On a same-store basis, member sales in their respective currencies increased 4% in the U.S., 3% in Canada, and 10% in Mexico.
Purchases by member companies from AD supplier partners were up 5% to $20.7 billion. Net distributions to owner/members increased 5% to $1.45 billion.
In 2024, AD welcomed 110 new members to its community of independents through a combination of organic growth and the merger with the Edge Group, the Electronics, Low Voltage, Data and Security group that joined its Electrical – U.S. Division early in the year. While 22 members sold their businesses outside the group during 2024, existing AD members acquired 57 companies outside of the group and 13 fellow members. AD’s total member count at the end of 2024 was 932.
These results do not include the impact of the merger with IMARK Electrical, which created the newly formed AD Independent Electrical Supply Division in the U.S. To date, AD has welcomed over 530 members from IMARK Electrical, representing over 99% of IMARK Electricals’ volume, bringing its total member count to over 1,400 for the start of 2025. Member sales for the group in 2025 are projected to exceed $100 billion.
“Our record-breaking results are a testament to the strength of our forward-thinking, growth-oriented independent distributor community and our suppliers’ commitment to independents," said AD Chairman and CEO Bill Weisberg. "We are proud to serve our independent owner/members and are honored to partner with our owner/member-led boards and committees, our top-tier supplier partners, and our team of exceptional AD associates.”
INDUSTRIAL SUPPLY MAGAZINE
The January/February issue of Industrial Supply magazine features an in-depth cover story about MSC Industrial Supply. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
