Market Analysis

Inside Border States’ Remarkable Expansion

The distributor's major acquisition of Dominion Electric is just the latest piece in what has been a rapid 13-year expansion. Mike Hockett breaks down what Dominion adds to Border States and how it aligns with its growth history.

March 22, 2024

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The MDM news cycle for the various wholesale distribution markets we provide coverage of has been robust during 2024’s first quarter, but perhaps no other industry vertical has had as many big headlines as electrical supplies — especially this past week. Major distributors Border States and Sonepar dominated headlines with significant acquisitions that illustrate further consolidation in electrical supplies:

Sonepar is set to acquire Michigan-based distributors Madison Electric Company and Standard Electric Company

, while

Border States will add Virginia-based Dominion Electric Company

. Both…

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