St. Louis, MO-based Graybar, a distributor of electrical, industrial, automation and connectivity products and provider of related supply chain management and logistics services announced plans to acquire Oklahoma-based Broken Arrow Electric Supply, pending regulatory approval.
Broken Arrow Electric Supply (BAES) is an electrical distributor that serves the residential, commercial, industrial and OEM markets. The company also offers automation and control solutions, power distribution centers, specialty wire and cable, light assembly, and LED lighting and design. BAES was founded in 1977 and operates seven locations in eastern Oklahoma. In a March 9 news release, Graybar stated its plans to operate Broken Arrow Electric Supply as a subsidiary of Graybar, using the Broken Arrow Electric Supply name with the same team, locations and suppliers.
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“Broken Arrow Electric Supply is a highly respected organization with a strong market position in Oklahoma,” Graybar Chairman, President and CEO Kathy Mazzarella,said. “This acquisition complements Graybar’s business and enhances our ability to serve customers and accelerate growth in the region. We are excited to welcome the Broken Arrow team to Graybar and look forward to achieving long-term success together.”
“Broken Arrow and Graybar share similar values, a people-focused culture and a long-term commitment to customers,” added Bruce Garner, CEO of BAES. “Becoming part of Graybar allows us to preserve our distinctive culture while opening the door to new opportunities for growth, innovation and service.”
Graybar ranks No. 4 on MDM’s Top Distributors List for electrical and No. 14 for Industrial Supplies.
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