| Announcements
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Werner Electric Supply Acquires Northland Electrical Supply Company 05.11.01
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Northland Electrical Supply Company (Northland),
a leading value-added wholesale distributor of electrical supplies
serving industrial, commercial, and construction markets in
central and southern Minnesota and western Wisconsin, was acquired
by Werner Electric Supply today. Northland, based in Minnesota,
distributes products from a number of leading vendors such as
Allen-Bradley, Hoffman Engineering, Cutler-Hammer, Siemens,
Thomas & Betts, General Electric, General Cable, Philips,
Hubbell, and Columbia-Prescolite. Werner Electric Supply, based
in Wisconsin, wholesales electrical components and provides
automation, electrical, engraving, and lighting services. Duff & Phelps, LLC, a Chicago-based investment banking and financial
advisory firm, initiated the transaction, assisted in negotiations,
and served as financial advisor to Northland. |