As reported in Electrical Marketing newsletter, northern California industrial distributor Buckles-Smith Electric Co., San Jose, Calif., recently signed an agreement to acquire Electrical Materials Inc., Palo Alto, Calif.
Electrical Materials, a one-house distributor, shares with Buckles Smith an emphasis on the industrial MRO and OEM market.
Art Cook, president of Buckles-Smith, said his company made the acquisition to give itself a foothold in the San Francisco Bay area. “It’s an area where we don’t have a physical presence,” he said. “We have locations in the south bay and several location in the east bay, but we did not have any locations in the peninsula.”
Electrical Materials will not immediately change its name.