{"id":8248,"date":"2025-09-29T22:02:41","date_gmt":"2025-09-30T02:02:41","guid":{"rendered":"https:\/\/distributionstrategy.com\/?p=8248"},"modified":"2026-09-11T10:46:33","modified_gmt":"2026-09-11T14:46:33","slug":"ad-tcg-members-approve-merger-to-form-40-billion-phcp-distribution-network","status":"publish","type":"post","link":"https:\/\/distributionstrategy.com\/2025\/09\/ad-tcg-members-approve-merger-to-form-40-billion-phcp-distribution-network\/","title":{"rendered":"AD, TCG Members Approve Merger to Form $40 Billion PHCP Distribution Network"},"content":{"rendered":"

The Commonwealth Group (TCG) announced that its voting members have overwhelmingly approved the board\u2019s proposal to merge<\/a> with Affiliated Distributors (AD), clearing the way for the combination to take effect on January 1.<\/p>\n

The approval follows the August announcement from both boards of directors outlining their intent to merge. Together, the organizations will create a major force in the plumbing, heating, cooling, and piping (PHCP) sector, uniting 349 independently owned distributors with more than $40 billion in combined annual sales. The new AD PHCP Business Unit will cover divisions in plumbing, HVAC, pipe, valves and fittings (PVF), decorative brands, and waterworks.<\/p>\n

Mike Lepley, president of TCG and incoming president of AD\u2019s PHCP Business Unit, said members\u2019 backing underscored the potential of the deal. \u201cWe are encouraged by the incredibly strong support that the merger received and the opportunities it creates for members, suppliers, and the entire independent channel,\u201d Lepley said. \u201cThe feedback from both TCG and AD communities has been overwhelmingly positive, and we are eager to bring our combined strengths to benefit all stakeholders.\u201d<\/p>\n

Bill Weisberg, chairman and CEO of AD, liked the collaboration behind the agreement. \u201cThese are great people and companies, and we\u2019re excited about working with them, adopting best practices and growing together,” he said.<\/p>\n

The merger will be completed in the coming weeks ahead of its operational start at the beginning of 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"

The approval follows the August announcement from both boards outlining their intent to 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