As I get ready to close out 2022 there is something I’ve been meaning to get to this month but continuously postponed due to client travel, family travel, keeping up with acquisition news, and client projects that needed to be […]
Wire and cable is a core product category for electrical distributors. And much of it, as everyone knows, is driven by copper pricing (with aluminum consumption also influenced by the price of copper.) Copper has experienced a wild ride in […]
The distributor acquisition train continues to roll along with three more deals announced this week plus a manufacturer sale (although the manufacturer was linked to a distributor.) These become distributor acquisition #27, 28 and 29 since July (and next week […]
Graybar announced a number of leadership changes this week: Tom Twitty was named Senior Vice President – Supply Chain Management effective April 1, 2023. Twitty currently serves as District Vice President in the company’s Richmond district. In his new role, […]
Lots going on in Chicagoland lately. Distributor acquisitions and lighting agency drama. On the distributor side of the business there was CED acquiring Amperage. Graybar acquired CX Connexion On the representation side, and more specifically, on the lighting agent side, […]
Graybar expanded its presence in the Chicago market with the surprising announcement that it acquired CX Connexion. According to the press release: “Graybar, a leading distributor of electrical, communications and data networking products and provider of related supply chain management […]
Espen Technology announced the introduction of two new electric vehicle chargers (EVC), expanding Espen’s existing EVC product line: A Level 3 DC Fast, 30kW Movable, Single Gun, 125A, Ethernet WiFi and 4G, RFID, OCPP, CCS1 plugs with 15ft cable in […]
The distributor acquisition train continues to roll on with Green Mountain Electric Supply (GMES) announcing the industries 25th acquisition since July. Green Mountain acquired two location Davis Electrical Supply. This comes on the heels of Green Mountain’s recent acquisition of […]
Over the past couple of years much has been talked, and written, about corporate culture and the evolution that companies “have to” make. This “realization” emanated seemingly from the pandemic which generated increased early retirement, amplified interest in work from […]
The 2022 acquisition tsunami continues to roll with Friday’s announcement that Schaedler Yesco Distribution acquired YESCO Electrical Supply, headquartered in eastern Ohio. This is the 24th electrical distribution acquisition since July of this year. According to the press release: “Schaedler […]
