Perhaps you remember the playing card game called 52 Pickup (and if you don’t, here’s a link to remind you.) With lighting agents having a minimum of 52 lines, it seems like they are updating their linecard regularly. And sometimes […]
Perhaps you remember the playing card game called 52 Pickup (and if you don’t, here’s a link to remind you.) With lighting agents having a minimum of 52 lines, it seems like they are updating their linecard regularly. And sometimes […]
In a challenging market, especially for lighting, capitalizing on a niche that is supported by differentiated services can make all the difference. Boston-based Independent Electric Supply has found such a niche – sports lighting with a specialization in supporting municipalities, […]
The M&A people at Sonepar, and the M&A people at a number of advisory services supporting electrical distributor continue to be busy. Yesterday Sonepar announced that it acquired Echo Electric Supply. While many may not be familiar with the company, […]
There was a phrase years ago that is attributed to EF Hutton, which was a financial advisory firm that goes “when EF Hutton speaks, people listen.” The inference that they had a wide reach, and somewhen influence. The same goes […]
Nowadays it’s difficult to tell if the US electrical distribution market is following its northern counterpart or if the Canadian market is following the US market. While the Canadian market has historically been 10-12% the size of the US market, […]
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 […]
Industrial reshoring, which is driving industrial investment; electrification; supply chain issues; utility investments, data centers and more have driven a rise in “new” suppliers supporting electrical distribution. These companies, many previously unknown to electrical distributors, are now seeing the advantages […]
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 […]
Marketing, as a function for manufacturers and distributors, has grown significantly in the electrical industry. It is no longer only events and premiums for distributors or new product launches and catalogs / collateral for manufacturers. It now is responsible for […]
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 […]