On November 12, 2013, Consolidated Electrical Distributors, based out of Irving, Texas, acquired Davis Wholesale Electric. Davis Wholesale Electric serves the Los Angeles area, with branches in Valencia, Palmdale, and Chatsworth. The headquarters for Davis Wholesale is located in North Hollywood.
Davis Wholesale Electric was founded 50 years ago by Irv Davis. Davis’s sons Howard and Murray both joined the company after completing college and have grown it over the past four decades. Both plan to continue on with CED for a period of time.
Davis Wholesale Electric employed the services of Randy Kuchenmeister, president of Electrical Distributor Consulting, to orchestrate the transaction.
Details of the transaction were not disclosed.
Tagged with tED