AD Owner/Member Sales up 28% to a Record $74.9 Billion in 2022
By Logan Caswell
HPAC General Human Resources AD CanadaIn Canada, same-store members increased by 8%.
(Source: AD)
AD has announced record results for 2022 in owner/member sales, member purchases from AD suppliers, AD warehouse sales to AD members, net distributions to members, and operational efficiency.
2022 owner/member sales were $74.9 billion, a 28% increase from the previous year. Purchases by member companies from AD supplier partners were $20.3 billion. Net distributions to owner/members reached $1.4 billion.
In Canada, same-store members increased by 8%.
AD is a member-owned North American marketing/buying group for independent distributors/wholesalers of construction and industrial supplies.
AD’s member community grew to 866 separately owned independents across 14 divisions and 3 countries. Not included in that count separately are the 84 acquisitions made by existing AD members in 2022 of other independents.
Member losses due to consolidation negatively impacted AD’s volume by -0.4%. Member additions via acquisitions by AD members, mergers with other groups, and individual decisions positively impacted AD’s volume by +3.0%.
