Graybar, a distributor of electrical, communications and data networking products and provider of supply chain management and logistics services, has acquired two industrial automation businesses, Walter Industrial Products, Inc., and New England Drives & Controls. The latter was acquired by Graybar subsidiary Shingle & Gibb Automation.
“We are pleased to welcome Walker Industrial and New England Drives into Graybar’s growing automation platform. Combined with our existing industrial business, these acquisitions position Graybar as one of New England’s leading automation and control distributors. As part of our company, both organizations will have expanded opportunities to support their customers with outstanding service and access to additional inventory, technical resources, and capabilities.”
Walker Industrial and New England Drives provide advanced automation and control solutions to OEMs, industrial users and system integrators. Both companies will continue operating under their existing names and with the same employees and supplier relations.
Ian Heller is the Founder and Chief Strategist for Distribution Strategy Group. He has more than 30 years of experience executing marketing and e-business strategy in the wholesale distribution industry, starting as a truck unloader at a Grainger branch while in college. He’s since held executive roles at GE Capital, Corporate Express, Newark Electronics and HD Supply. Ian has written and spoken extensively on the impact of digital disruption on distributors, and would love to start that conversation with you, your team or group. Reach out today at email@example.com.