The 2020 Mid-Year Economic Update_long

Home Depot Supply to Acquire Edson Electric Supply

The Home Depot Supply has agreed to acquire Edson Electric Supply, an Arizona-based electrical distributor that operates 11 locations throughout the state. The acquisition will extend the reach of HD Supply’s electrical business to key growth markets in the Southwest.


 


Established in 1962, Edson Electric Supply serves residential and commercial contractors. Its productsinclude wire, lighting, electrical supplies and switchgear. Edson’s solid operational and distribution models provide opportunities for consistent growth and profitability.


 


HD Supply’s electrical business currently operates 59 branches in nine states. Home Depot Supply announced in a statement it plans to become the top global full-line supplier of electrical products and services.


Related Links


Home Depot Supply Up to $5.4B in First Half
Home Depot Supply Acquisition History

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