AD Owner/Members Set New Sales Record in 2023 of $78.9 Billion

February 8, 2024

AD is reporting a record result for 2023 in owner/member sales, which increased 5% over prior year to $78.9 billion.

Purchases by member companies from AD supplier partners were $19.8 billion. Net distributions to owner/members were $1.4 billion.

AD welcomed 49 new members to its community of independents in 2023 through a combination of organic growth and the merger with the groundwater-focused Baron Group in AD’s PVF – U.S. Division. This count does not include the members joining AD as part of the merger with The Edge Group in AD’s Electrical – U.S. Division, which became effective on January 1, 2024. In addition, existing members acquired 41 non-AD companies and 20 fellow members. 34 of AD’s 860 members sold their business outside the group.

AD Chairman and CEO Bill Weisberg commented, “The independent distributor community is strong and growing in each of our industries in the U.S., Canada, and Mexico. Even though some independents do sell, many others are buying and expanding, adding new locations, and attracting great people to their teams who value working at nimble, people-oriented companies. We are proud to partner with our owner/member led boards and committees, our industry-leading suppliers, and a team of fantastic AD associates who are passionate about our mission in support of independents.”

Source

Related Articles


Changing Scene

  • E.B. Horsman & Son Announces Maxim Laberge as New Process Instrumentation Manager

    E.B. Horsman & Son Announces Maxim Laberge as New Process Instrumentation Manager

    EB Horsman is excited to welcome Maxim Laberge as its new Process Instrumentation Manager. Maxim brings over 25 years of experience in electrical, instrumentation, and control systems, with a proven record in business development, client engagement, and strategic project leadership. He is known for his consultative approach, combining technical insight with a strong focus on… Read More…

  • E.B. Horsman & Son Announces Stephen Murray as New Calgary Branch Manager

    E.B. Horsman & Son Announces Stephen Murray as New Calgary Branch Manager

    EB Horsman & Son is pleased to announce the appointment of Stephen Murray as Branch Manager of its Calgary location, effective Tuesday, September 3, 2025. Stephen brings over two decades of experience in the industrial automation sector, where he has built a strong reputation for driving growth, expanding market presence, and developing high-performing teams. His… Read More…


Peers & Profiles