Harrisburg-based Schaedler Yesco Distribution, Inc. has agreed to acquire YESCO Electrical Supply by February.
Schaedler Yesco Distribution (Schaedler) said YESCO Electrical Supply (YESCO), which sells electrical parts from three locations in Pennsylvania and two in Ohio, has been serving the industrial, contractor, commercial and residential markets since 1986.
The sale is part of YESCO’s current owner’s retirement strategy, Schaedler said.
“We are very pleased to entrust our team members and customers to Schaedler Yesco,” said YESCO’s Owner and President Lee DeRose. “We have very similar cultures and couldn’t be happier to transition our business to a strong, growing company dedicated to their customers’ success and employee satisfaction. We are confident that this is the best move for all involved.”
Schaedler Yesco Distribution, established in 1924, is a 4th generation family- and employee-owned provider of electrical supplies, lighting and power distribution for the electrical industry.
The company, with 21 locations in Pennsylvania and one in New York, offers services and products for lighting, data networking, automation, and industrial needs. The acquisition will streamline logistics and expand services via adjacent markets, Schaedler said.
“Our growth strategy in our western region has always included geographic expansion,” said Schaedler President Farrah Mittel. “YESCO’s culture and experienced team members will complement our current structure and strategic initiatives as we continue to support our customers with valuable products and services.”