Announced
Completed
Financials
Sources
Tags
Private
Single Bidder
Domestic
United States
Completed
Friendly
electrical products
Acquisition
Majority
Electronic Components and Equipment
Synopsis
Sonepar-backed Codale, a customer centric electrical product and solutions provider, completed the acquisition of NEDCO Supply, a full-line electrical products and services distributor. Financial terms were not disclosed. “NEDCO Supply will strengthen Codale’s position in southern Nevada, increasing its coverage in an area experiencing great growth. As a leader in electrical distribution among contractors in the Las Vegas market, NEDCO Supply is a perfect complement to Codale’s industrial customer base. The leadership and associates of NEDCO will align very well to the customer-centric culture of Codale,” Rob Taylor, Sonepar President.
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