Latest from Mergers & Acquisitions

Photo_226496518 Mohd Izzuan Ros / Dreamstime
Photo 104750065 / Sashkinw / Dreamstime


Gbar Acquisition2 5fca5b043f7b3

Graybar Acquires Shingle & Gibb Automation to Bolster Industrial Controls Solutions Business

Dec. 4, 2020
Shingle & Gibb is one of the larger industrial automation specialists in North America.

Graybar Electric Co., St. Louis, completed the acquisition of Shingle & Gibb Automation, Moorestown, NJ, an automation and control specialist ranked #116 on Electrical Wholesaling’s 2020 Top 200 ranking. Headquartered in Moorestown, N.J., Shingle & Gibb Automation provides advanced automation and control solutions to industrial users and original equipment manufacturers (OEMs). Founded in 1933, the five-location company will operate as a subsidiary of Graybar under the Shingle & Gibb Automation name with the same leadership team, employees and suppliers.

“With its exceptional customer focus and advanced capabilities in industrial automation and control, we believe the acquisition of Shingle & Gibb Automation will accelerate Graybar’s growth and strengthen our long-term position in industrial automation.” said Kathleen Mazzarella, chairman, president and chief executive officer of Graybar, in the press release.

“Shingle & Gibb Automation and Graybar are well aligned, with similar values, a shared focus on growth and a commitment to the success of our customers and suppliers,” said Brian Lepsis, CEO of Shingle & Gibb Automation, in the press release. “We believe Graybar will honor our company’s long heritage, while enabling us to innovate, grow and thrive for years to come.”

Sponsored Recommendations