WESCO International Inc., Pittsburgh, has acquired the assets of Monti Electric Supply Inc. headquartered in Waveland, Miss. Monti Electric, with three branch locations and annual sales of approximately $20 million, is a well- established, construction-oriented electrical distributor.
Stephen A. Van Oss, WESCO’s senior vice president and chief financial and administrative officer said, “The addition of Monti Electric will provide WESCO with a broader market position to benefit from the long-term hurricane-related reconstruction of the Gulf Coast region.”
Joe Monti, president of Monti Electric Supply, said, “We are very eager to join the WESCO team. The combination of Monti Electric Supply’s local market knowledge and customer relationships and WESCO’s large construction project experience and national resources will enable us to capture a significant share of the growth forecast for our region.”