M&A Deal Summary

Graybar Electric Company Acquires Walker Industrial Products

On August 2, 2022, Graybar Electric Company acquired distribution company Walker Industrial Products

Acquisition Highlights
  • This is Graybar Electric Company’s 8th transaction in the Distribution sector.
  • This is Graybar Electric Company’s 9th transaction in the United States.
  • This is Graybar Electric Company’s 2nd transaction in Connecticut.

M&A Deal Summary

Date 2022-08-02
Target Walker Industrial Products
Sector Distribution
Buyer(s) Graybar Electric Company
Deal Type Add-on Acquisition

Target

Walker Industrial Products

Newtown, Connecticut, United States
Walker Industrial Products provide advanced automation and control solutions to OEMs, industrial users, and system integrators. Walker Industrial Products is based in Newtown, Connecticut.

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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 10 of 13
Sector (Distribution) 8 of 10
Type (Add-on Acquisition) 10 of 13
State (Connecticut) 2 of 2
Country (United States) 9 of 12
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-03 Metro

St. Louis, Missouri, United States

Metro is a distributor that primarily serves homebuilders and contractors that specialize in residential, commercial, and industrial projects. Metro was founded in 1967 and is based in St. Louis, Missouri.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-19 CX Connexion

Buffalo Grove, Illinois, United States

CX Connexion is an electrical distributor that serves construction, commercial, institutional and industrial customers, with specialized capabilities in lighting and equipment design and a comprehensive solutions platform. CX Connexion was founded in 2007 and is based in Buffalo Grove, Illinois.

Buy -