Graybar Canada, a subsidiary of Graybar, St. Louis, has acquired the assets of AVAD Industrial Sales Inc., Sudbury, Ontario. AVAD specializes in solutions for the industrial automation, control, power distribution and energy monitoring market. Terms of the acquisition were not disclosed.
“The technical expertise of our Industrial Automation group is phenomenal and they are actively serving our current market,” said Frank Hughes, CEO of Graybar Canada. “We look forward to tapping into additional market potential in Ontario with the acquisition of AVAD Industrial Sales.”
The acquisition is part of a push by Graybar Canada to focus on growing its role in the industrial market in 2010, the company said.