Graybar to Acquire American Electric Supply, Retain Staff
Graybar has announced plans to acquire Southern California-based American Electric Supply (AES), pending AES shareholder approval.
Founded in 1984, AES is an electrical distributor that serves commercial and industrial customers across Southern California, which includes Los Angeles, Riverside, San Bernadino, Ventura and San Diego counties. As a subsidiary of Graybar, the company will continue to operate under the American Electric Supply name with the same team, locations, and suppliers.
“We look forward to welcoming the American Electric Supply team to Graybar,” said Kathleen M. Mazzarella, Chairman, President & CEO of Graybar. “With its superior customer service, dedicated employees and longstanding presence in Southern California, we believe this acquisition will support Graybar’s ongoing growth in the region.”
Added Mike Pratt, CEO at AES, “American Electric Supply and Graybar are a strong fit, sharing similar values and a common commitment to helping customers achieve their long-term goals. Joining a successful, employee-owned company like Graybar will enhance our capabilities and position us for continued success.”
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