ST. LOUIS — Graybar announced that it has entered into an agreement to acquire Valin Corporation, a leading 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, Calif., 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.
“We are excited to welcome the Valin team to Graybar,” said Kathleen M. Mazzarella, chairman, president and chief executive officer of Graybar. “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, chief executive officer of Valin. “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.”
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