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The acquisition of Kanebridge Corporation doubles Hillman's industrial business and establishes a critical fastener distribution presence in the U.S. market.
Management views Kanebridge as a strategic 'full circle' move, returning to industrial roots with a high-margin, light-CapEx model that mirrors Hillman's retail moat in SKU complexity.
Top-line growth of 10% was driven by a combination of core performance, M&A, and a significant 4.5% contribution from new business wins.
The 'Win the Pro' initiative achieved a milestone 1% contribution to total growth, validating the company's expansion into LBM and specialty distribution channels.
#management
The acquisition of Kanebridge Corporation doubles Hillman's industrial business and establishes a critical fastener distribution presence in the U.S. market.
Management views Kanebridge as a strategic 'full circle' move, returning to industrial roots with a high-margin, light-CapEx model that mirrors Hillman's retail moat in SKU complexity.
Top-line growth of 10% was driven by a combination of core performance, M&A, and a significant 4.5% contribution from new business wins.
The 'Win the Pro' initiative achieved a milestone 1% contribution to total growth, validating the company's expansion into LBM and specialty distribution channels.
#management
3 months ago
