Amazon Business has teamed up with payment firm Affirm to introduce a buy now, pay later service for American sole proprietors. According to official government figures, there are more than 28 million sole proprietorships doing business in the US. Now, eligible customers can spread payments over timeframes ranging from 3-48 months, depending on the amount
US jan/san distribution companies BradyIFS and Envoy Solutions are now operating as a single organisation. Their previously announced combination has closed, effective 1 November. It creates a business with around $5 billion in annual revenue that employs nearly 6,000 staff across 180 locations in the US. The transaction sees private equity firms Kelso and Warburg
North American facilities products distributor Imperial Dade has created the new role of COO. The company has tapped experienced Fastenal exec Terry Owen for the job. Owen, a former US marine, had spent 28 years at Fastenal, working his way up from an entry-level position in the distribution team to be named as COO earlier
In its third quarter earnings report, Mexican conglomerate FEMSA provided a brief comment on the Envoy Solutions – BradyIFS merger. While FEMSA didn’t report on Envoy’s financial performance in the quarter, it noted that the regulatory process related to the transaction “has advanced according to schedule” and it expects the deal “to close soon”. Following
Workplace reseller Lyreco has announced that Science Based Targets initiative (SBTi) has approved its greenhouse gas (GHG) emissions reduction goals. Lyreco’s target includes reducing absolute Scope 1 and 2 GHG emissions 50% by 2030 from a 2019 base year. The SBTi’s target validation team has classified Lyreco’s target ambition and determined that it’s in line