Recent news that HD Supply sold one of its electrical divisions in Canada brings a number of possibilities. Since they sold to Sonepar, Sonepar is obviously looking for acquisitions. Reportedly others were interested. We don’t know who, but do know […]
Recently there have been a number of acquisitions in the electrical industry, of which a number are noteworthy. Acquirers have included Crescent Electric, WESCO, Cooper Industries, and Clayton Dubilier & Rice (yes, the people who used to own WESCO and […]
Thought we’d start off the week with a little news from a variety of distributors and manufacturers in the industry, and with Election Day tomorrow, a piece of healthcare news that came from a distributor. Getting into it, Was with […]
Crescent, CED and Siemens have made the news so far this week. Each represents “change”, and opportunity, for distributors. Crescent announced that it hired Dennis DeSousa as SVP Business Development. This is interesting as Dennis was a long-time Graybar employee […]
Over the past 1 1/2 to 2 years we’ve had a number of electrical manufacturers and distributors ask us why we think that there have hasn’t been much consolidation during the “great recession” that supposedly we have come out of. […]
From time to time, we get a chance to communicate with some of the industry executives of the near past. Recently we had the pleasure of speaking with Herb Slater, formerly the President of Slater Electric and Duplex Electric Supply. For those of […]
Does the downturn leave you thinking you have to scale the Alps for a come back? Maybe and then maybe not! Change is in the air both at inventory levels and the way product is being sold. This is about […]
As many know, NAED held it’s 2010 National Electrical Leadership Summit this past weekend. There were about 83 distributor companies represented and 74 manufacturer companies. While the distributor attendance improved, it seemed like the manufacturer number declined, especially small to […]
A little bit of a reading roundup before this weekend’s NAED Leadership Summit. Recently there has been array of news from 3M, GE, Home Depot, Rexel, Square D, Datalliance, CED and Hilti to get us going (or at least cause some […]
Given the dramatic decline in industry revenues over the past 18 months, many have wondered when consolidation will occur and are surprised that they haven’t seen more than a few. We agree, and from talking with a number of potential […]
