<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13D
AMENDMENT NO. 2
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
Industrial Distribution Group, Inc.
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(Name of Issuer)
COMMON STOCK, par value $0.01
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(Title of Class of Securities)
45061100
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CUSIP Number
Edmundson International, Inc.
31356 Via Colinas
Westlake Village, California 91362
(818) 991-9000
with a copy to:
Timothy G. Hoxie, Esq.
Heller Ehrman White & McAuliffe
333 Bush Street
San Francisco, California 94104
(415) 772-6052
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(Name, address and telephone number
of person authorized to receive notices and communications)
November 11, 1998
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(Date of Event which requires
filing of this statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition that is the subject of this Schedule 13D, and is
filing this statement because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check
the following box: / /
(Continued on following pages)
(Page 1 of 10 Pages)
<PAGE>
CUSIP NO. 45061100 13D Page 2 of 10 Pages
-------- AMENDMENT NO. 2 --- ---
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1) NAMES OF REPORTING PERSONS Edmundson International, Inc.
- -------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
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3) SEC USE ONLY
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4) SOURCE OF FUNDS WC
- -------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) / /
- -------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION California
- -------------------------------------------------------------------------------
NUMBER OF 7) SOLE VOTING POWER -0-
SHARES -------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER 672,000
OWNED -------------------------------------------------------------
BY EACH 9) SOLE DISPOSITIVE POWER -0-
REPORTING -------------------------------------------------------------
PERSON WITH 10) SHARED DISPOSITIVE POWER 672,000
- -------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
672,000
- -------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
- -------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.6%
- -------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON CO
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<PAGE>
CUSIP NO. 45061100 13D Page 3 of 10 Pages
-------- AMENDMENT NO. 2 --- ---
- -------------------------------------------------------------------------------
1) NAMES OF REPORTING PERSONS Consolidated Electrical Distributors, Inc.
- -------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
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3) SEC USE ONLY
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4) SOURCE OF FUNDS AF
- -------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) / /
- -------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
- -------------------------------------------------------------------------------
NUMBER OF 7) SOLE VOTING POWER -0-
SHARES -------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER 672,000
OWNED -------------------------------------------------------------
BY EACH 9) SOLE DISPOSITIVE POWER -0-
REPORTING -------------------------------------------------------------
PERSON WITH 10) SHARED DISPOSITIVE POWER 672,000
- -------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
672,000
- -------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
- -------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.6%
- -------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON CO
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<PAGE>
CUSIP NO. 45061100 13D Page 4 of 10 Pages
-------- AMENDMENT NO. 2 --- ---
- -------------------------------------------------------------------------------
1) NAMES OF REPORTING PERSONS Portshire Corp.
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2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
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3) SEC USE ONLY
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4) SOURCE OF FUNDS AF
- -------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) / /
- -------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION Texas
- -------------------------------------------------------------------------------
NUMBER OF 7) SOLE VOTING POWER -0-
SHARES -------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER 60,000
OWNED -------------------------------------------------------------
BY EACH 9) SOLE DISPOSITIVE POWER -0-
REPORTING -------------------------------------------------------------
PERSON WITH 10) SHARED DISPOSITIVE POWER 60,000
- -------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
60,000
- -------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
- -------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.7%
- -------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON CO
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<PAGE>
CUSIP NO. 45061100 13D Page 5 of 10 Pages
-------- AMENDMENT NO. 2 --- ---
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1) NAMES OF REPORTING PERSONS Lincolnshire Associates, Ltd.
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2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
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3) SEC USE ONLY
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4) SOURCE OF FUNDS WC
- -------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) / /
- -------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION Texas
- -------------------------------------------------------------------------------
NUMBER OF 7) SOLE VOTING POWER -0-
SHARES -------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER 60,000
OWNED -------------------------------------------------------------
BY EACH 9) SOLE DISPOSITIVE POWER -0-
REPORTING -------------------------------------------------------------
PERSON WITH 10) SHARED DISPOSITIVE POWER 60,000
- -------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
60,000
- -------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
- -------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.7%
- -------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON PN
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<PAGE>
CUSIP NO. 45061100 13D Page 6 of 10 Pages
-------- AMENDMENT NO. 2 --- ---
- -------------------------------------------------------------------------------
1) NAMES OF REPORTING PERSONS Employees' Retirement Plan of Consolidated
Electrical Distributors, Inc.
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2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
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3) SEC USE ONLY
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4) SOURCE OF FUNDS WC
- -------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) / /
- -------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION California
- -------------------------------------------------------------------------------
NUMBER OF 7) SOLE VOTING POWER 100,000
SHARES -------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER -0-
OWNED -------------------------------------------------------------
BY EACH 9) SOLE DISPOSITIVE POWER 100,000
REPORTING -------------------------------------------------------------
PERSON WITH 10) SHARED DISPOSITIVE POWER -0-
- -------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
100,000
- -------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
- -------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.1%
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14) TYPE OF REPORTING PERSON EP
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<PAGE>
CUSIP NO. 45061100 13D Page 7 of 10 Pages
-------- AMENDMENT NO. 2 --- ---
INTRODUCTION
Edmundson International, Inc., a California corporation ("Edmundson
International"), hereby files this Amendment No. 2 (the "Amendment") to the
Statement on Schedule 13D (the "Statement") on behalf of the Reporting
Persons identified in Item 2 of the Statement pursuant to the Agreement With
Respect To Schedule 13D attached to the Statement as Exhibit 7(1). Defined
terms not otherwise defined herein have the meanings ascribed thereto in the
Statement.
Only those Items amended are reported herein.
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 3 is amended by adding the following paragraph:
On November 11, 1998, Edmundson International purchased 177,000 shares
of Common Stock on the open market at a purchase price of $6.75 per share.
The total funds required to complete this purchase was $1,201,830
(inclusive of broker commissions). All funds were obtained from working
capital of Edmundson International. A table identifying each purchase is
included in Item 5(c) of this Amendment.
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is amended and restated to read as follows:
(a) and (b) The aggregate number of shares and percentage of Common
Stock of the Issuer (based upon the New York Stock Exchange's internet website
activity report stating that the Issuer had 8,893,704 shares of Common Stock
outstanding as of November 11, 1998(1))
- -------------------
(1) URL address: http://www.nyse.com/public/market/2a/2a1/cprice/i/c_idg.htm
<PAGE>
CUSIP NO. 45061100 13D Page 8 of 10 Pages
-------- AMENDMENT NO. 2 --- ---
beneficially owned by each person named in Item 2, as well as the number of
shares of Common Stock as to which such person is deemed to have sole power
to vote or to direct the vote, shared power to vote or to direct the vote,
sole power to dispose or to direct the disposition, or shared power to
dispose or direct the disposition, is set forth in the following table:
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------
No. of Shares
Beneficially Percentage Power to Vote Power to Dispose
Reporting Person Owned of Class Shared Sole Shared Sole
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Edmundson International 672,000 7.6% 672,000 -0- 672,000 -0-
- ---------------------------------------------------------------------------------------------------------------
CED 672,000 7.6% 672,000 -0- 672,000 -0-
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Portshire Corp. 60,000 0.7% 60,000 -0- 60,000 -0-
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Lincolnshire Associates 60,000 0.7% 60,000 -0- 60,000 -0-
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CED Pension Plan 100,000 1.1% -0- 100,000 -0- 100,000
- ---------------------------------------------------------------------------------------------------------------
</TABLE>
The information required by Item 5 with respect to persons with whom
voting or dispositive power is shared is set forth in Item 2.
(c) To the best knowledge of the Reporting Persons, no person
described in paragraph (a) of this Item 5 has effected any transaction in the
Common Stock of the Issuer during the past 60 days other than as set forth in
the table below:
<PAGE>
CUSIP NO. 45061100 13D Page 9 of 10 Pages
-------- AMENDMENT NO. 2 --- ---
<TABLE>
<CAPTION>
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Total Funds
Date Purchaser # Shares Price Comm'n Required
- ------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
9/23/98 CED Pension Plan 500 $6.4375 $0.1200 $3,278.75
- ------------------------------------------------------------------------------------------------------
9/24/98 CED Pension Plan 24,500 $6.5000 $0.0600 $160,720.00
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9/29/98 CED Pension Plan 16,400 $6.2271 $0.0600 $103,108.44
- ------------------------------------------------------------------------------------------------------
9/30/98 CED Pension Plan 8,600 $6.1766 $0.0600 $53,634.76
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10/1/98 CED Pension Plan 10,500 $6.1756 $0.0600 $65,473.80
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10/2/98 CED Pension Plan 600 $6.2500 $0.0600 $3,786.00
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10/5/98 CED Pension Plan 38,900 $6.0162 $0.0600 $236,364.18
- ------------------------------------------------------------------------------------------------------
10/7/98 Lincolnshire Ass. 60,000 $5.1250 $0.0400 $309,900.00
- ------------------------------------------------------------------------------------------------------
10/7/98 Edmundson Intl. 350,000 $5.1250 $0.0400 $1,807,750.00
- ------------------------------------------------------------------------------------------------------
10/22/98 Edmundson Intl. 35,000 $6.00 $0.0600 $212,100.00
- ------------------------------------------------------------------------------------------------------
10/26/98 Edmundson Intl. 50,000 $6.50 $0.0600 $328,000.00
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11/11/98 Edmundson Intl. 177,000 $6.75 $0.0400 $1,201,830.00
- ------------------------------------------------------------------------------------------------------
TOTAL 772,000 $4,485,945.93
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</TABLE>
(d) To the best knowledge of the Reporting Persons, no person other than
the Reporting Persons and their equity owners has the right to receive or the
power to direct the receipt of dividends from, or the proceeds from the sale
of, the Common Stock of the Issuer.
(e) Not applicable.
Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
The first paragraph of Item 6 is amended and restated to read as follows:
Edmundson International beneficially owns 612,000 shares of Common
Stock. Portshire Corp., the general partner of Lincolnshire Associates, is a
wholly owned subsidiary of Edmundson
<PAGE>
CUSIP NO. 45061100 13D Page 10 of 10 Pages
-------- AMENDMENT NO. 2 --- ---
International. Lincolnshire Associates beneficially owns 60,000 shares of
Common Stock. Therefore, Edmundson International, through its ownership of
Portshire Corp., beneficially owns an additional 60,000 shares of Common
Stock. Edmundson International is itself a wholly owned subsidiary of CED.
Therefore, CED, through its ownership of Edmundson International and indirect
ownership of Portshire Corp., beneficially owns 672,000 shares of Common
Stock. CED Pension Plan beneficially owns 100,000 shares of Common Stock.
SIGNATURE
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: November 12, 1998
Edmundson International, Inc.
By: /s/ David C. Verbeck
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Its: Secretary
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