Standard Electric, Wilmington, Mass., has acquired Wellesley Electrical Supply Inc., Needham Heights, Mass.
“The acquisition of Wellesley Electric continues our growth strategy, which is aimed at expanding our geographic coverage to better serve our existing and growing customer base,” said Dennis Miller, Standard Electric's president and CEO.
The Needham Heights location will continue to operate as a supply counter and lighting showroom. Wellesley's former owner, Tim McInerney, will continue to run the day-to-day operations.
This acquisition follows two new Massachusetts branch openings in 2004. Standard Electric opened branches in Ayer and Rockland earlier this year.
Founded in 1952, Standard Electric now operates 17 locations throughout New England and ranks No. 36 on Electrical Wholesaling's most recent “Top 200.”