Graybar plans to acquire Oklahoma-based Broken Arrow Electric Supply, expanding the distributor’s presence in the South-Central United States. Terms of the deal were not disclosed.
The transaction is subject to regulatory approval, Graybar said.
Broken Arrow Electric Supply, founded in 1977, distributes electrical products and related solutions to residential, commercial, industrial, and original equipment manufacturer customers. The company operates seven locations in eastern Oklahoma and offers automation and control systems, power distribution centers, specialty wire and cable, light assembly services, and LED lighting design.
Following the closing, Broken Arrow Electric Supply will operate as a subsidiary of Graybar and continue to do business under its existing name. The company’s leadership team, locations and supplier relationships will remain in place.
“Broken Arrow Electric Supply is a highly respected organization with a strong market position in Oklahoma,” said Kathleen M. Mazzarella, chairman, president, and chief executive officer of Graybar. “This acquisition complements Graybar’s business and enhances our ability to serve customers and accelerate growth in the region.”
Bruce Garner, chief executive officer of Broken Arrow Electric Supply, said joining Graybar will provide additional resources while maintaining the company’s culture and customer relationships.
Graybar distributes electrical, industrial, automation and connectivity products and provides supply chain management and logistics services. The company operates more than 350 distribution facilities across North America and sells products from thousands of manufacturers.
The acquisition would expand Graybar’s presence in Oklahoma and reflect ongoing consolidation in the electrical distribution sector as companies seek to broaden geographic reach and technical capabilities in areas such as automation, power distribution, and specialty cabling.
Do not miss any content from Distribution Strategy Group. Join our list.