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 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 […]
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 […]
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 […]
Green Mountain Electric Supply, a leading northern New England and western New York electrical distributor, announced the acquisition of Generation Electric Supply and Lighting. Generation, a single-branch operation, is located in Syracuse, NY. The company was a minority-owned distributor and […]
I was speaking to a large regional VP of Sales for an electrical distributor recently. His comment was “everyone wants loyalty, but when you give it, what is given in return?” This got me thinking, What is loyalty and how […]
The markets up, the markets down. You listen to economists and you hear about recession and will the Fed raise rates or hold. Large technology firms are laying people off by the thousands but electrical distributors and manufacturers cannot find […]
On a day that the Dow Jones Industrial Average increased over 1200 points on the news that the CPI declined to 7.7% over the past 12 months, the 30-year mortgage fell below 7% and the 10 year treasury fell to […]
Yes, I know the headline is provocative, however, the goal was to get your attention. The “drug” I’m talking about has been around for almost 60 years in the electrical industry. It’s rebates. Rebates went “mainstream” for electrical distributors in […]
While there may be only eight days left to the national mid-term elections, there are only 60 days remaining to determine who will own a number of electrical distributors. While Rexel initiated the second half of the year acquisition run […]
