Distributors

Hunzicker Brothers Inc. to Acquire SESCO Electric Supply Company

Mike Lockard, President & CEO of Hunzicker Brothers, Inc., announced today that the company has signed an agreement with David Dyer, President of SESCO Electric Supply Company,
to acquire the business of SESCO. SESCO is an independent electrical
distributor with four strategic locations in the state of Oklahoma.

Jeff and Wynona Dyer, Tom and Lorraine Ezzell, and Robert Schacher
established SESCO in Lawton, Oklahoma in 1963, and established another
store in Duncan, Oklahoma in 1968. The Dyer family purchased all
outstanding stock from the other investors in September 1979. They would
later establish locations in Chickasha and Ardmore, Oklahoma. Jeff and
Wynona’s son, David Dyer, has led the company since his father’s death
in 1993. Under David’s leadership SESCO has become the leading
electrical distributor in southern Oklahoma.

Lockard stated, “We are proud to welcome SESCO to the Hunzicker
family and team. We strongly believe that the joining together of two
independent and family‐owned distributors is a combination that will
greatly serve our respective customers and employees in an environment
where distributors continue to be consumed by national and international
chains. We also believe that the expertise and service that can be
provided to our customers and suppliers by independents is
unparalleled.”

Dyer, SESCO President, stated, “SESCO’s mission of “we give, we
serve, we comfort” is aligned with the Hunzicker culture of a
family‐owned Oklahoma distributorship that was built on customer service
and an outstanding team of employees. I strongly believe that the
joining of these two companies will serve our customers and employees
well in future years.”

Jack Henderson, Executive Vice President of Hunzicker Brothers,
expressed that he is extremely excited to welcome SESCO. “This
acquisition allows us to combine the operations, which together gives us
145+ years of experience to better serve our statewide customer base.
We remain committed to growth, and adding these new markets will
increase our service capabilities and strengthen our position as a
significant force in the electrical distribution business in our
marketplace. We will continue to seek additional strategic acquisitions
with similar values that have served Hunzicker Brothers well since our
founding in 1920.”

About Hunzicker Brothers
Established in 1920, Hunzicker Brothers Inc., a full‐line electrical
distributor founded and headquartered in Oklahoma City, currently has
eight locations; Oklahoma City, Woodward, Clinton, Stillwater, Shawnee,
Tulsa (sales office), Roland and Hunzicker Lighting Gallery in north
Oklahoma City. Hunzicker Brothers provides electrical equipment and
lighting products for: manufacturing, commercial and residential
construction; oil and gas exploration, production and refining; schools,
universities, hospitals, food processing and utility companies.

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