Electrical distributor Van Meter Inc., Cedar Rapids, Iowa, this week announced that it has acquired Mid-West Electrical Supply Inc., a Wichita, Kansas-based single-branch, electrical distributor, in an asset sale. Financial terms of the deal weren’t disclosed.
“Wichita represents the largest electrical market in the state of Kansas,” said Lura McBride, president and CEO at Van Meter. “Establishing a physical presence in a sizable market less than 200 miles from our regional branch and wire innovation center in Kansas City, positions us for desired growth and an opportunity to leverage our inventory, supplier relationships, and salespeople across an expanded territory.”
Mid-West Electrical Supply Inc. was previously owned and managed by Randy Cubbage, who has worked in the electrical industry for more than 30 years with experience in warehousing, purchasing, quotations and sales. Cubbage will remain active in the business as an outside sales account manager and employee-owner of Van Meter. Robert Dale, an existing Van Meter employee-owner and also a long-time member of the electrical industry, will serve as a dedicated inside sales resource, supporting Cubbage and the Wichita customer base.
“Mid-West Electrical Supply brings existing customer relationships in a market contiguous to our own,” added Brian Bytnar, chief sales officer. “We look forward to working with our supplier partners to build on those relationships and bring our service-based approach to electrical distribution in the greater Wichita area.”
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