Graybar Electric Co., St. Louis, has entered into an agreement to acquire Advantage Industrial Automation. The transaction is scheduled to close on April 1. Headquartered in Duluth, Ga., Advantage provides control and automation solutions to industrial users, original equipment manufacturers (OEMs) and system integrators. Advantage was founded in 1989 and has six locations in the southeastern United States. As a subsidiary of Graybar, the company will continue to operate under the Advantage Industrial Automation name with the same employees, leadership team and suppliers.
Kathleen Mazzarella, Graybar’s chairman, president and CEO said in a press release, “We are pleased to welcome the Advantage team to Graybar. As we focus on growing our industrial business, Advantage brings valuable experience and a strong reputation as a provider of control and automation solutions. We are excited to move forward with this acquisition and see it as an important step toward accelerating our growth and expanding our reach in the future.”