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Graybar Canada acquires Ontario automation specialist
Graybar Canada, a subsidiary of Graybar, St. Louis, has acquired the assets of AVAD Industrial Sales Inc., Sudbury, Ontario. AVAD specializes in solutions for the industrial automation, control, power distribution and energy monitoring market. Terms of the acquisition were not disclosed.
"The technical expertise of our Industrial Automation group is phenomenal and they are actively serving our current market," said Frank Hughes, CEO of Graybar Canada. "We look forward to tapping into additional market potential in Ontario with the acquisition of AVAD Industrial Sales."
The acquisition is part of a push by Graybar Canada to focus on growing its role in the industrial market in 2010, the company said.
WESCO buys Alaskan distributor
WESCO International, Inc., Pittsburgh, has acquired the business of Potelcom Supply, Inc. headquartered in Anchorage, Alaska. Potelcom is a single-branch distributor with annual sales of approximately $25 million that primarily operates in Alaska's utility, industrial and government markets.
"This acquisition strengthens and expands our utility, industrial and government market positions in Alaska, as well as broadens our supplier lines," said Stephen Van Oss, WESCO's senior V.P. and COO. "Combining Potelcom's cabling expertise with WESCO's industrial MRO and construction expertise and data communication product offerings provides a complete solution for our customers in Alaska. The Potelcom organization is well regarded in the Alaskan marketplace and we are pleased to welcome them as part of WESCO."
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