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Graybar to Buy Valin, Extending Reach into Diverse Mix of Automation & Industrial Product Areas

April 26, 2023
The Valin deal marks Graybar fourth acquisition over the past 12 months.

Graybar Electric Co., St. Louis, has entered into an agreement to acquire Valin Corp., a distributor of automation, filtration, fluid handling, heating and process control products and systems. Subject to customary closing conditions, the transaction is expected to close on May 1, 2023.

Headquartered in San Jose, CA, Valin provides technical solutions for the technology, energy, life sciences, natural resources and transportation industries. The company was founded in 1974 and operates 12 locations in the western and southwestern United States. As a subsidiary of Graybar, the company will continue to operate under the Valin name with the same leadership team, employees, and suppliers. The company is ranked #49 on Industrial Distribution’s most recent Top 50 list with $125 million in 2021 sales and 161 employees. Over the years, the company has made numerous acquisitions in various industrial markets, according to information on its website.

"We are excited to welcome the Valin team to Graybar," said Kathleen Mazzarella, chairman, president and CEO of Graybar, in the press release. "As Graybar expands its industrial automation platform, Valin's portfolio of products, solutions and technical resources complements our existing capabilities and provides a foundation for growth into new markets. We look forward to achieving long-term success, as we work together to serve our customers today and innovate for tomorrow."

"I believe Valin and Graybar are well aligned, not just from a business standpoint, but also from a cultural perspective," said Joseph C. Nettemeyer, Valin’s CEO, in the press release. "At Valin, we take pride in being a company that emphasizes growth, innovation and ownership. As we join Graybar, we will continue to build on these strengths, while we focus on providing exceptional service to our customers and investing in our future."

Over the past year, Graybar also acquired Walker Industrial Products, an automation distributor based in Newtown, CT; New England Drives & Controls, an automation distributor  based in Southington, CT (through its Shingle & Gibb business); and CX Connexion, Buffalo Grove, IL.

About the Author

Jim Lucy | Editor-in-Chief of Electrical Wholesaling and Electrical Marketing

Jim Lucy has been wandering through the electrical market for more than 40 years, most of the time as an editor for Electrical Wholesaling and Electrical Marketing newsletter, and as a contributing writer for EC&M magazine During that time he and the editorial team for the publications have won numerous national awards for their coverage of the electrical business. He showed an early interest in electricity, when as a youth he had an idea for a hot dog cooker. Unfortunately, the first crude prototype malfunctioned and the arc nearly blew him out of his parents' basement.

Before becoming an editor for Electrical Wholesaling  and Electrical Marketing, he earned a BA degree in journalism and a MA in communications from Glassboro State College, Glassboro, NJ., which is formerly best known as the site of the 1967 summit meeting between President Lyndon Johnson and Russian Premier Aleksei Nikolayevich Kosygin, and now best known as the New Jersey state college that changed its name in 1992 to Rowan University because of a generous $100 million donation by N.J. zillionaire industrialist Henry Rowan. Jim is a Brooklyn-born Jersey Guy happily transplanted with his wife and three sons in the fertile plains of Kansas for the past 30 years. 

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