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AD reports membership growth and record sales, January through June, 2024
August 9, 2024 | By Anthony Capkun
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August 9, 2024 – AD (Affiliated Distributors) reports that member sales in the first six months of 2024 increased 7% to a record $40.4 billion across its 14 divisions.
Same-store sales increased by 1% in Canada, 4% in the United States, and 15% in Mexico (in their respective currencies). Member purchases from AD suppliers grew 4% to $10.1 billion.
With 900-plus independent distributor owner/members, AD is the largest contractor and industrial products wholesale purchasing cooperative in North America, with annual sales exceeding $75 billion.
87 new members joined AD year-to-date, including 50 that joined as part of the Edge Group merger and 37 that joined independently. AD members also acquired another 20 companies outside of AD.
“Our membership growth continues to outpace the impact of consolidation and, in addition to positive financial results, several of our programs launched new offerings and celebrated significant milestones,” said AD CEO Bill Weisberg. “We are looking forward to continuing our work […] to maintain this solid growth through the end of the year.”
AD was founded in 1981 as a buying group for independent electrical distributors, and has grown to include industrial, safety, bearings and power transmission, plumbing, PVF, HVAC, decorative brands and building materials.
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