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New Deal


Announced

Graybar to acquire Valin.

Synopsis

Graybar, a distributor of electrical, communications and data networking products, agreed to acquire Valin, a distributor of automation, filtration, fluid handling, heating and process control products and systems. Financial terms were not disclosed. "We are excited to welcome the Valin team to Graybar. As Graybar expands its industrial automation platform, Valin's portfolio of products, solutions and technical resources complements our existing capabilities and provides a foundation for growth into new markets. We look forward to achieving long-term success, as we work together to serve our customers today and innovate for tomorrow," Kathleen M. Mazzarella, Graybar Chairman, President and CEO.

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