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M&A Stays Hot in Automation/Electrical Distribution

National automation distributor Kele added to its portfolio, while Midwest electrical manufacturer rep Lester Sales entered new markets. Here are some takeaways that resonate with M&A trends across all product sectors.

February 9, 2022

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David Gordon Feb 2022

While many expected a significant number of acquisitions to be announced at the end of the year, anticipated changes in the tax code seem to have delayed many of them. According to sources who were involved in distributor and manufacturer deals, there was no need to work through the holidays to close a deal, and […]

While many expected a significant number of acquisitions to be announced at the end of the year, anticipated changes in the tax code seem to have delayed many of them. According to sources who were involved in distributor and manufacturer deals, there was no need to work through the holidays to close a deal, and many companies have simply delayed the transaction. But that has not stopped the

acquisition

train.

Automation Distribution – Kele

Kele —

a 12-location automation distributor that claims to be “the largest stocking distributor in the industry” with 1.8 million parts in stock —

acquired

 

A-Tec…

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