Affiliated Distributors (AD) and IMARK Electrical have announced their intent to merge.
The transaction is subject to IMARK Electrical shareholder approval, among other things, and is expected to close later this year.
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This merger brings together two member-owned groups of 725 independently owned electrical distributors in the U.S.
The new entity will be a division within AD called The Independent Electrical Supply Division, U.S. (IESD) and will be part of the overall AD community of 1,410 independents spanning nine construction and industrial verticals and 14 divisions within the U.S., Canada and Mexico.
The merger is centered on the electrical channel in the U.S. and does not include IMARK Canada, IMARK Plumbing or IMARK Group, each of which are separate legal entities from IMARK Electrical.
“In addition to creating an even stronger future for Independent Electrical distributors, this merger will eliminate significant redundancies for our supplier partners currently working with two separate groups, and will create exciting new opportunities for growth, efficiencies and best practice sharing,” said John Thompson, IMARK Electrical Board Chairman and the CEO of First Electric Supply.
