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July 23, 2007

Kendall Electric Buys Roden Electric

Kendall Electric has purchased Roden Electric, an electrical distributor in the South Central U.S. with more than $120 million in annual sales.

Kendall Electric has more than $400 million in annual sales. It serves the Industrial, OEM, and Construction markets.

Roden will continue under the Roden brand name.

Investment banking firm Vetus Partners advised on the deal.

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