Madison Heights, Michigan-based Galco Industrial Electronics, Inc. has acquired Zesco, Inc., a regional automation solutions provider located in Brecksville, Ohio.
Galco, which is described as an “eCommerce-driven, MRO-focused distributor of industrial and commercial electrical and electronic control, automation and motion, lighting, and power transmission products,” announced the deal Jan. 27. Financial details were not disclosed.
Zesco specializes in the drives, motion control and automation industry and serves customers in Ohio, Pennsylvania and West Virginia.
“The acquisition of Zesco further positions Galco as a global leader in the industrial automation and motion control industry,” said Allison Sabia, President and CEO of Galco. “Zesco’s expertise and experience with the world’s top brands in industrial automation combined with Galco’s extensive offering in the industry is a win-win for their customers and ours.”
MDM’s M&A Virtual Summit, to be held Feb. 21-22, has something to offer for any distributor on the dealmaking spectrum. We’ll cover the current state of M&A; how to maximize valuation; integration do’s and don’ts; ESOPs; the culture side of the M&A process; and more. Get details and register here.