Home » Irby Agrees to Buy Equity Utility Service Co.
Irby Agrees to Buy Equity Utility Service Co.
June 25, 2008
Stuart C. Irby Co., Jackson, MS, a subsidiary of Sonepar USA, has agreed to acquire Equity Utility Service Company, Marietta, GA. The acquisition will expand Irby's footprint in Georgia.
Equity is a distributor and manufacturers'agent offering products to electric utilities for their transmission and distribution requirements. The employees of Equity Utility Service will operate under the Equity name as a division of Irby through the end of the year.
Irby operates 58 branches in 21 states and is a regional electrical distributor in the U.S. Irby serves customers in four major market segments -industrial, contractor, commercial and utility.
Sonepar USA includes 12 companies operating more than 253 branches in 35 states. In 2007, Sonepar USA had $2.9 billion in revenue.