A potential transaction would likely be a merger of Bentley with Schneider's software business and be valued at over $15 billion.
Latest In Electrical
Reading, PA-based Fromm launched an engineering and fabrication division to serve manufacturers and electrical contractors.
Former Wesco VP Shawn Hawkins will join electrical supplies distributor Rexel USA as the Gulf Central Region President.
Christopher Breslin will succeed interim CEO and OmniCable Co-Founder Jeff Siegfried on May 13.
Snap One - a manufacturer and distributor of of smart-living products and services - will be integrated into Resideo's ADI Global Distribution unit.
DSG begins construction of a 39,000-square-foot distribution facility expected to serve electrical, plumbing and HVAC industries in 2025.
Electrozad has branches across southern Ontario and will strengthen Sonepar's OEM/industrial business in that market.
Long-time Border States executive Jason Seger succeeds President and CEO David White, who will retire from the electrical distributor.
Charleston, SC-based electrical supply distributor Capital Electric adds ex-Rexel USA SVP Brendan O’Hare as President.
NorthEast Electrical officials say its focus on DEI and the scholarship program ensure the distributor is having open discussions across communities.
Thirty-five-year company veteran Ellen Rebne will succeed fellow longtime sales EVP David Maxwell on June 1.
The master distributor also appointed managers for the Enterprise division of its newly-formed Communications business unit.
The distributor’s major acquisition of Dominion Electric is just the latest piece in what has been a rapid 13-year expansion. Mike Hockett breaks down what Dominion adds to Border States and how it aligns with its growth history.
In Dominion, Border States gains an electrical distributor that has nine branches, over 300 employees and $374 million in annual revenue.
The significant expansion gains Sonepar 36 locations across Michigan and approximately $400 million in combined 2023 revenue.
The electrical, plumbing and HVAC distributor is changing its name, logo and tagline to align with its reach beyond its regional roots.
The company's stated "Purpose" of "Powering Progress for Future Generations" is based on six group-wide commitments by 2028.
Graybar's EVP of Sales, David Maxwell, will leave the company after nearly four decades of service to the distributor.
Wire and cable re-distributor OmniCable launched a unit to support distributors its two primary markets: enterprise and broadband.
The electrical distributor achieved company record annual sales and net income during 2023.