Announced
Completed
Financials
Sources
Tags
United States
Acquisition
Domestic
Single Bidder
Electrical Components
manufacturing lighting equipment
Friendly
Private
Majority
Completed
Synopsis
Graybar, a distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, completed the acquisition of CX Connexion, an electrical distributor that serves construction, commercial, institutional and industrial customers. Financial terms were not disclosed. "We are excited to welcome the CX Connexion team to Graybar. With its positive reputation and extensive service capabilities, we believe the acquisition of CX Connexion provides a solid foundation for accelerating our growth in the Chicago market," Kathleen M. Mazzarella, Graybar Chairman, President and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.