The controls industry has attracted much attention from electrical distributors over the past couple of years – whether it be industrial controls, lighting controls or building controls. Lighting Controls: As many know, Leviton acquired HAI (Home Automation Inc) which many […]
Some industry tidbits ….Sonepar, according to a banking announcement, recently was the beneficiary of a euro private placement. Societe Generale and AXA were able to get “some” of their clients to invest / loan money to Sonepar. No word on […]
As reported in trade publications late last month, a group of 11 independent Rockwell distributors have formed a separate organization, called EDGE, to enable them to compete more effectively for global opportunities.The endeavor, under development for well over a year […]
Frequently when companies make acquisitions there are nominal changes. In the case of Shealy and EDI, the changes have been more pronounced, creating a domino affect amongst distribution in the Carolinas. And change is not necessarily bad. In fact, it […]
Over the last several weeks we have had occasion to listen to distributors discuss their business opportunities as all move further into 2012 and look beyond. Many see opportunities to grow, some want to cash in now, and others are […]
Earlier this week we commented on Rexel’s acquisition of Platt. Now let’s turn to the big manufacturer deals that were announced – Eaton buying Cooper and General Cable buying Alcan, with the Eaton / Cooper deal capturing more industry attention. […]
Last week’s announcement that Rexel acquired Platt was a surprise to everyone in the industry. And while surprising, it also made sense. Consider: The selling price is 96.8% of Platt’s reported 2011 sales! (300 million euro acquisition on 310 million […]
Last week I had the opportunity to attend ABB’s Automation and Power World (this is a link to the show blog – overviews a number of the sessions) in Houston. Impressive event. Had over 5000 customers, 1000 sales partners, 500 workshops (including […]
Last week the NAED Annual was held in Washington DC and, while we’re sure that NAED will announce strong attendance, it seemed like a very quiet event…perhaps because the hotel is a little spreadout, perhaps because many meetings took place […]
You remember the song by Queen … Anyways, more electrical distributor consolidation … another southern California distributor has been acquired by a national chain. What was an independent distribution market in less than a year has been largely converted to […]
