AD Member Sales up 30% To a Record $58.5 Billion in 2021

CEW-26-AD-2021FinancialResults-400.jpg

February 1, 2022

By Alyssa Shand-Perreault, Senior Manager, Marketing & Communications, Affiliated Distributors (AD)

AD is reporting total 2021 member sales were $58.5 billion, a 30% increase from 2020, with purchases by member companies from AD supplier partners up 39% to $16.6 billion. Additionally, AD achieved a 49% increase in net distributions to its members, surpassing the $1 Billion milestone for the first time in the group’s 40-year history.

83 independents joined the group in 2021, 62 of which came over from other groups, bringing AD’s total member count to 845 across 13 Divisions and 3 countries. AD’s members also made 73 acquisitions during 2021.

By country, same-store sales of members in the U.S. were up 18%, Canada same-store member sales increased by 27% and Mexico same-store sales increased by 31%.

AD’s Chairman and CEO Bill Weisberg shared, “I’m incredibly proud of our community of vibrant independents and grateful to our valued supplier partners for the support they showed us during this year of unprecedented supply chain challenges. We found great strength in partnerships and discovered new ways to innovate and create value together. We are looking forward to another great year in 2022.”

Source

Related Articles


Changing Scene

  • Government of Canada Invests in Project to Secure Electrical Grids

    Government of Canada Invests in Project to Secure Electrical Grids

    The Government of Canada continues to invest in projects to deliver a stronger economy that thrives in a low-carbon world to the benefit of all Canadians. Recently, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced a contribution of $30 million through the Strategic Innovation Fund to support Hitachi Energy Canada’s project. The three-year project will… Read More…

  • Hammond Power Solutions Earns 2024 Great Place to Work Certification

    Hammond Power Solutions Earns 2024 Great Place to Work Certification

    Hammond Power Solutions is proud to announce that it has been Certified by Great Place to Work at all Canada, USA and India locations. This prestigious award is based entirely on what team members say about the company culture and real-time experience working at HPS. “At HPS we put people first, our team’s creativity and… Read More…


Peers & Profiles