Irby acquires Arkansas’ oldest electrical distributor
by MBJ Staff
Published: December 12,2011
Tags: electrical distribution, electricity, energy, mergers and acquisitions, power, transmission
JACKSON — Irby, a subsidiary of Sonepar USA, has signed an agreement to acquire the assets of Treadway Electric of Little Rock, Ark., effective Jan. 1, 2012.
Terms were not disclosed.
Established in 1905, Treadway is Arkansas’ oldest electrical distributor and employs over 100 employees in 14 locations throughout the state of Arkansas. It will continue to operate as Treadway, a division of Irby.
Treadway’s executive team will continue to play a major role with new responsibilities within Irby. Terry Rogers will transition into the role of district operations manager, and Lewis Casey will become district sales manager.
Michael C. Wigton, President of Irby, says, “This acquisition demonstrates our growth strategy and will strengthen our commercial contractor footprint in the Arkansas area and help us continue building customer relationships.”
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