The electrical industry has seen much consolidation over the past 4 years. We’ve reported on manufacturer, distributor, and manufacturer representative / agent consolidation. While we have not reported on contractor acquisitions, there has been a trend in service-oriented trades, at […]
Last month nVent announced that it entered a definitive agreement to acquire Trachte, manufacturer of custom-engineered control building solutions designed to protect critical infrastructure assets. The deal closed on July 16th. The original press release was: “Leading manufacturer of custom-engineered […]
The first US acquisition of the second half of the year and the third Canadian acquisition since July 1st were announced yesterday. Rexel’s Mayer division and Lawson Products, Canada, made acquisitions. Mayer Electric Acquires Electrical Supplies Inc , an operating […]
The second half of the year has started and the first week brought acquisitions / mergers and news that will, and could, influence many other factors. In most industry acquisitions, the acquisition of one company by another typically has most […]
Since 2020 the electrical distribution industry has seen 102 (or so) distributors sell their business. Additionally, we’re seeing manufacturer representatives and lighting agents undergoing ownership transitions. In many instances it is due to lack of family business succession planning. You […]
A couple of weeks ago I had the opportunity to participate in MDM’s Top Distributor podcast with Mike Hockett and Tom Gale from MDM as well as Craig Webb from Webb Analytics (who talked about the Building Supplies industry) and […]
Another week, another acquisition in the electrical distribution industry. Last week, Fields Electrical Sales, an independent manufacturer representative covering Ohio, Michigan, western Pennsylvania, and West Virginia was sold to Forward Solutions, whom you may recall acquired ElectroRep and R/B Sales […]
Acquisitions continue to transform the electrical distribution industry as evidenced by Border States acquiring Dominion Electric, Sonepar Acquiring Standard and Madison Electric, Electrical Wholesalers (a USESI operating company) acquiring ASKCO, Graybar’s Valin business acquiring Dynamic Solutions, and Rexel acquiring Talley […]
Last week’s AD / IMARK Electrical merger news was the shocker of the year. Some commented that it may be of the past 5 years whereas others have foreshadowed this by asking “In the world of consolidation, when will the […]
Last week, Electric Supply Center (ESC) and Sonepar’s NorthEast Electrical group announced that ESC was acquired by NorthEast. ESC, ranked last year as #98 on the EW Top 150, which would slot them around $100M, had, according to others in […]
David Gordon
Channel Marketing Group
919-488-8635
