Friday, July 9, 2010

Graybar acquires Canadian distributor, AVAD Industrial Sales

Distributor of electrical and communication products expands in Canadian market

Graybar Canada has acquired AVAD Industrial Sales Inc., an Ontario-based distributor serving automation, control, power distribution, and energy monitoring markets.

Graybar Canada is the Canadian division of St. Louis-based Graybar, an electrical and communications products distributor with more than $4 billion in revenues and nearly 240 locations in North America. Graybar Canada serves customers throughout Canada, particularly in British Columbia and Nova Scotia.

The acquisition will help Graybar expand its business with Canada’s industrial market, according to a news release announcing the deal.

“The technical expertise of our Industrial Automation group is phenomenal and they are actively serving our current market,” said Frank Hughes, CEO of Graybar Canada. “We look forward to tapping into additional market potential in Ontario with the acquisition of AVAD Industrial Sales.”

Earlier this year, Graybar expanded in the United States with a new logistics center in Brooklyn Park, Minn. The center serves as a primary shipping location for Graybar's 13 branches across Minnesota, Iowa, North Dakota, and South Dakota, and as a secondary shipping location for its five locations in northeast Wisconsin.

1 comment:

  1. Victoria dn Jack, thanks for covering this topic, i was looking for the related news like this and found your blog, great!

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