Graybar Acquires Steven Engineering

Electrical, communications and data networking distributor completes deal to acquire Bay Area-based Steven Engineering.
graybar Breeden new VP seattle

St. Louis-based electrical, communications and data networking distributor Graybar completed its acquisition of Steven Engineering, Inc., an automation, motion control and pneumatic solutions company based in South San Francisco.

Financial terms of the deal were not disclosed.

As a subsidiary of Graybar, the company will operate under the Steven Engineering name with the same leadership team, employees and suppliers.

“We are excited to welcome the Steven Engineering team to Graybar,” said Kathleen M. Mazzarella, chairman, president and CEO of Graybar. “With its reputation for exceptional customer service and advanced technical capabilities, Steven Engineering will accelerate Graybar’s growth and strengthen our position in the industrial automation business.”

Graybar ranks No. 3 on MDM’s Top Distributors list for electrical, data and security distributors with $7.2 billion in 2020 revenue.

“Steven Engineering and Graybar share similar values and a passion for helping our employees, customers and suppliers succeed,” said Bryan Wolfgram, CEO of Steven Engineering. “As part of Graybar, we look forward to sustaining our positive workplace culture, while investing in growth and innovation to achieve long-term success.”

Related Posts

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.