<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13D
AMENDMENT NO. 3
(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
- --------------------------------------------------------------------------------
(Name, address and telephone number
of person authorized to receive notices and communications)
November 16, 1998
-----------------------------
(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)
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CUSIP NO. 45061100 13D Page 2 of 10 pages
-------- AMENDMENT NO. 3
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1) NAMES OF REPORTING PERSONS Edmundson International, 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
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5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) / /
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6) CITIZENSHIP OR PLACE OF ORGANIZATION California
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NUMBER OF 7) SOLE VOTING POWER -0-
SHARES --------------------------------------------------------------
BENEFICIALLY
OWNED 8) SHARED VOTING POWER 772,000
BY --------------------------------------------------------------
EACH
REPORTING 9) SOLE DISPOSITIVE POWER -0-
PERSON --------------------------------------------------------------
WITH
10) SHARED DISPOSITIVE POWER 772,000
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11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
772,000
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12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
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13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.7%
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14) TYPE OF REPORTING PERSON CO
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<PAGE>
CUSIP NO. 45061100 13D Page 3 of 10 pages
-------- AMENDMENT NO. 3
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1) NAMES OF REPORTING PERSONS 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 AF
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5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) / /
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6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
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NUMBER OF 7) SOLE VOTING POWER -0-
SHARES --------------------------------------------------------------
BENEFICIALLY
OWNED 8) SHARED VOTING POWER 772,000
BY --------------------------------------------------------------
EACH
REPORTING 9) SOLE DISPOSITIVE POWER -0-
PERSON --------------------------------------------------------------
WITH
10) SHARED DISPOSITIVE POWER 772,000
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
772,000
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
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13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.7%
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14) TYPE OF REPORTING PERSON CO
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<PAGE>
CUSIP NO. 45061100 13D Page 4 of 10 pages
-------- AMENDMENT NO. 3
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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
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5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) / /
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6) CITIZENSHIP OR PLACE OF ORGANIZATION Texas
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NUMBER OF 7) SOLE VOTING POWER -0-
SHARES --------------------------------------------------------------
BENEFICIALLY
OWNED 8) SHARED VOTING POWER 60,000
BY --------------------------------------------------------------
EACH
REPORTING 9) SOLE DISPOSITIVE POWER -0-
PERSON --------------------------------------------------------------
WITH
10) SHARED DISPOSITIVE POWER 60,000
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11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
60,000
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12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
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13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.7%
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14) TYPE OF REPORTING PERSON CO
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<PAGE>
CUSIP NO. 45061100 13D Page 5 of 10 pages
-------- AMENDMENT NO. 3
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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
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5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) / /
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6) CITIZENSHIP OR PLACE OF ORGANIZATION Texas
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NUMBER OF 7) SOLE VOTING POWER -0-
SHARES --------------------------------------------------------------
BENEFICIALLY
OWNED 8) SHARED VOTING POWER 60,000
BY --------------------------------------------------------------
EACH
REPORTING 9) SOLE DISPOSITIVE POWER -0-
PERSON --------------------------------------------------------------
WITH
10) SHARED DISPOSITIVE POWER 60,000
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11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
60,000
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12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
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13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.7%
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14) TYPE OF REPORTING PERSON PN
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<PAGE>
CUSIP NO. 45061100 13D Page 6 of 10 pages
-------- AMENDMENT NO. 3
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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
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5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) / /
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6) CITIZENSHIP OR PLACE OF ORGANIZATION California
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NUMBER OF 7) SOLE VOTING POWER 100,000
SHARES --------------------------------------------------------------
BENEFICIALLY
OWNED 8) SHARED VOTING POWER -0-
BY --------------------------------------------------------------
EACH
REPORTING 9) SOLE DISPOSITIVE POWER 100,000
PERSON --------------------------------------------------------------
WITH
10) SHARED DISPOSITIVE POWER -0-
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11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
100,000
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12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
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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. 3
INTRODUCTION
Edmundson International, Inc., a California corporation ("Edmundson
International"), hereby files this Amendment No. 3 (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 12, 1998, Edmundson International purchased 50,000 shares
of Common Stock on the open market at a purchase price of $6.8125 per share. On
November 16, 1998, Edmundson International purchased an additional 50,000 shares
of Common Stock on the open market at a purchase price of $6.75 per share. The
total funds required to complete these purchases was $682,125.00 (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
<PAGE>
CUSIP NO. 45061100 13D Page 8 of 10 pages
-------- AMENDMENT NO. 3
the Issuer had 8,893,704 shares of Common Stock outstanding as of November 17,
1998(1) 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>
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Reporting Person No. of Shares Percentage Power to Vote Power to Dispose
Beneficially of Class Shared Sole Shared Sole
Owned
- -------------------------- ----------------- ---------------- ------------ ------------ ------------- ------------
<S> <C> <C> <C> <C> <C> <C>
Edmundson International 772,000 8.7% 772,000 -0- 772,000 -0-
- -------------------------- ----------------- ---------------- ------------ ------------ ------------- ------------
CED 772,000 8.7% 772,000 -0- 772,000 -0-
- -------------------------- ----------------- ---------------- ------------ ------------ ------------- ------------
Portshire Corp. 60,000 0.7% 60,000 -0- 60,000 -0-
- -------------------------- ----------------- ---------------- ------------ ------------ ------------- ------------
Lincolnshire Associates 60,000 0.7% 60,000 -0- 60,000 -0-
- -------------------------- ----------------- ---------------- ------------ ------------ ------------- ------------
CED Pension Plan 100,000 1.1% -0- 100,000 -0- 100,000
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</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:
- -------------------------------
(1) URL address: http://www.nyse.com/public/market/2a/2a1/cprice/i/c_idg.htm
<PAGE>
CUSIP NO. 45061100 13D Page 9 of 10 pages
-------- AMENDMENT NO. 3
<TABLE>
<CAPTION>
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Date Purchaser # Shares Price Comm'n Total Funds Required
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<S> <C> <C> <C> <C> <C>
9/23/98 CED Pension Plan 500 $6.4375 $0.12 $3,278.75
- --------------------- ------------------------- ------------ ------------- ------------ ------------------------
9/24/98 CED Pension Plan 24,500 $6.50 $0.06 $160,720.00
- --------------------- ------------------------- ------------ ------------- ------------ ------------------------
9/29/98 CED Pension Plan 16,400 $6.2271 $0.06 $103,108.44
- --------------------- ------------------------- ------------ ------------- ------------ ------------------------
9/30/98 CED Pension Plan 8,600 $6.1766 $0.06 $53,634.76
- --------------------- ------------------------- ------------ ------------- ------------ ------------------------
10/1/98 CED Pension Plan 10,500 $6.1756 $0.06 $65,473.80
- --------------------- ------------------------- ------------ ------------- ------------ ------------------------
10/2/98 CED Pension Plan 600 $6.25 $0.06 $3,786.00
- --------------------- ------------------------- ------------ ------------- ------------ ------------------------
10/5/98 CED Pension Plan 38,900 $6.0162 $0.06 $236,364.18
- --------------------- ------------------------- ------------ ------------- ------------ ------------------------
10/7/98 Lincolnshire Ass. 60,000 $5.125 $0.04 $309,900.00
- --------------------- ------------------------- ------------ ------------- ------------ ------------------------
10/7/98 Edmundson Intl. 350,000 $5.125 $0.04 $1,807,750.00
- --------------------- ------------------------- ------------ ------------- ------------ ------------------------
10/22/98 Edmundson Intl. 35,000 $6.00 $0.06 $212,100.00
- --------------------- ------------------------- ------------ ------------- ------------ ------------------------
10/26/98 Edmundson Intl. 50,000 $6.50 $0.06 $328,000.00
- --------------------- ------------------------- ------------ ------------- ------------ ------------------------
11/11/98 Edmundson Intl. 177,000 $6.75 $0.04 $1,201,830.00
- --------------------- ------------------------- ------------ ------------- ------------ ------------------------
11/12/98 Edmundson Intl. 50,000 $6.8125 $0.04 $342,625.00
- --------------------- ------------------------- ------------ ------------- ------------ ------------------------
11/16/98 Edmundson Intl. 50,000 $6.75 $0.04 $339,500.00
- --------------------- ------------------------- ------------ ------------- ------------ ------------------------
TOTAL 872,000 $5,168,070.93
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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:
<PAGE>
CUSIP NO. 45061100 13D Page 10 of 10 pages
-------- AMENDMENT NO. 3
Edmundson International beneficially owns 712,000 shares of Common
Stock. Portshire Corp., the general partner of Lincolnshire Associates, is a
wholly owned subsidiary of Edmundson 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 772,000 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 18, 1998
Edmundson International, Inc.
By: /s/ David C. Verbeck
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Its: Secretary
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