Crescent Electric Supply Company, East Dubuque, Ill., independent distributor of electrical hardware and supplies, has acquired Lowe Electric Supply Co.
Lowe Electric, headquartered in Macon, Ga., serves customers out of 13 locations across Georgia and South Carolina. Lowe Electric was founded in 1903 and is now a full-service diversified electrical wholesale distributor.
“Lowe is well known and highly regarded throughout Georgia and South Carolina, and we welcome them to Team Crescent,” said Scott Teerlinck, President and CEO of Crescent. “Their strong track record of exceptional customer service provides a solid base to accelerate future growth for both Crescent and Lowe by expanding our market presence and service offerings for new and existing customers.”
Lowe will continue to operate under its current management team and be supported by the Crescent platform.