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Ideal buys Mar-Tek

Feb. 1, 2003
Expanding its twist-on connector business, Ideal Industries Inc., Sycamore, Ill., has purchased the assets of Mar-Tek Industries LLC, Eau Claire, Wis.

Expanding its twist-on connector business, Ideal Industries Inc., Sycamore, Ill., has purchased the assets of Mar-Tek Industries LLC, Eau Claire, Wis. Terms of the transaction were not disclosed. "It's an addition to our connector business," says Ned Camuti, Ideal's director of marketing and Connector Business Unit manager. "They have a unique twist-on connector design that they have patented and it fits in very well with our existing twist-on connector business product lines." Ideal will continue to use the Term-A-Nut product name. The status of the existing reps is undetermined at this time, says Camuti.

About the Author

Doug Chandler | Senior Staff Writer

Doug has been reporting and writing on the electrical industry for Electrical Wholesaling and Electrical Marketing since 1992 and still finds the industry’s evolution and the characters who inhabit its companies endlessly fascinating. That was true even before e-commerce, LED lighting and distributed generation began to disrupt so many of the electrical industry’s traditional practices.

Doug earned a BA in English Literature from the University of Kansas after spending a few years in KU’s William Allen White School of Journalism, then deciding he absolutely did not want to be a journalist. In the company of his wife, two kids, two dogs and two cats, he spends a lot of time in the garden and the kitchen – growing food, cooking, brewing beer – and helping to run the family coffee shop.

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