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In The News:

Electrical Distribution

Eurazeo Sells Remaining Stake in Rexel

The sale, worth €320 million (US$411.7 million), marks the final step of Eurazeo’s gradual divestment from Rexel’s capital.
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Hunzicker Brothers Agree to Acquire SESCO Electric Supply

Acquisition to strengthen Hunzicker’s position in the electrical distribution markets.
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Rexel Reorganizes in Europe

The electrical distributor combined two of its three European zones to streamline its management structure.
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Crescent Electric to Expand Coverage in Twin Cities

Second area facility to open in Minneapolis.
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Summit Electric Supply to Open New Service Center in Houma, LA

The new location will serve contractors southeast Louisiana, including marine and drilling; industrial; commercial; and maintenance, repair and operation customers.
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Graybar Opens New Branch in Waco, Texas

The Waco location will serve markets in seven counties in TX.
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Graybar Sales Up 3.4% in Second Quarter

Profit for the electrical distributor increased 32.7 percent to $29 million.
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Affiliated Distributors Sales Up 8% in 2Q

AD members hired 2,203 new employees and opened 89 new locations.
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Emerson Sales Down 1% in Fiscal Third Quarter

Underlying sales grew 3 percent.
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General Cable Sales Down 7% in 2Q

Year-to-date sales down 7.5 percent year-over-year.
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