In its most significant move since its initial public stock offering in May, WESCO Distribution has acquired Coghlin Electric/Electronics, Westborough, Mass., one of the top electrical distributors serving New England's industrial original-equipment manufacturers (OEMs).
With a 60,000-sq-ft headquarters in Westborough and a branch in Tewksbury, Mass., the 50-person organization will operate as a business unit under the name WESCO/Coghlin and the leadership of Jim Coghlin, Jr. as general manager. Jim Coghlin, Sr., formerly president and chief executive officer of Coghlin Electric/Electronics, will serve as a consultant to help WESCO/Coghlin expand the OEM business in New England and beyond.
The decision to sell came from a belief that distributors will need a larger presence to succeed in the electrical market of the future.