M&A Deal Summary

Graybar Electric Company Acquires Frank A. Blesso

On January 1, 1999, Graybar Electric Company acquired distribution company Frank A. Blesso

Acquisition Highlights
  • This is Graybar Electric Company’s 1st transaction in the Distribution sector.
  • This is Graybar Electric Company’s 1st transaction in the United States.
  • This is Graybar Electric Company’s 1st transaction in Connecticut.

M&A Deal Summary
Date 1999-01-01
Target Frank A. Blesso
Sector Distribution
Buyer(s) Graybar Electric Company
Deal Type Add-on Acquisition

Target

Frank A. Blesso

Hartford, Connecticut, United States
Frank A. Blesso Co. is an automation distributor.

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Buyer(S) 1

Buyer

Graybar Electric Company

St. Louis, Missouri, United States
Category Company
Founded 1869
Sector Electrical Equipment
Employees8,250
DESCRIPTION
Graybar Electric's corporate headquarters in St. Louis, Missouri.
Graybar Electric's corporate headquarters in St. Louis, Missouri.

Graybar Electric Company, Inc. is a producer of high quality electrical, communications and data networking products, and specializes in related supply chain management and logistics services. Graybar Electric was formed in 1869 and is based in St. Louis, Missouri.

DEAL STATS #
Overall 1 of 13
Sector (Distribution) 1 of 10
Type (Add-on Acquisition) 1 of 13
State (Connecticut) 1 of 2
Country (United States) 1 of 12
Year (1999) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-04-26 Commonwealth Controls

North Chesterfield, Virginia, United States

Commonwealth Controls Corp. is a distributor of automation-controls equipment.

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