Latest from Mag
People - Dec 21, 2012
Obituaries - Dec 21, 2012
November EPI Index Shows No Change
Housing Starts Dip 4% in November
Electrical Marketing - December 21, 2012
Around the Industry - Dec 21, 2012
U.S. Electrical Services LLC (USESI), Chester Springs, Pa., the company run by Richard Worthy, former CEO of Sonepar North America, agreed to purchase Wiedenbach-Brown Co. Inc. (WB) effective July 19.
Founded in 1913, WB has a reputation as an industry leader in national account lighting and electrical supply. Headquartered in Westchester County, N.Y., WB has offices in Hicksville, New Rochelle and Hawthorne, New York; Boston; Columbus; Kansas City; Los Angeles; and Seattle. Current year sales for WB are forecasted to be approximately $90 million.
The company ranks as the nation’s 123rd largest electrical distributor, according to Electrical Wholesaling’s Top 200 distributors.
According to WB owners Christopher Brown and Elisabeth Brown-Daley, USESI offered the greatest opportunity for the continued growth and success of WB. “We are excited to become part of the growing U.S. Electrical Services family. USESI understands the importance of local decision making and emphasizes client service — which is crucial to our business and profitability.”
“WB is a first-class company and a standard of excellence in national account electrical supply. We are extremely pleased to have WB as part of U.S. Electrical,” said Richard Worthy, chairman and CEO of USESI.
WB will retain its name and operations. The current management team, including owners Christopher Brown, Elisabeth Brown-Daley, and James Leahy, president of WB, will remain with the company.
USESI also owns Electrical Wholesalers Inc., Hartford, Conn.; and Monarch Electric Co., West Caldwell, N.J.