Wolseley acquires Calgary pump and motor distributor
By Jillian MorganHPAC General
Wolseley Canada Inc. has acquired Calgary, AB-based sales and distribution company James Electric Motor Services Ltd.
All 64 James Electric employees will join Wolseley, in addition to the company’s president, Rick James, who will continue in his current role.
Specializing in pumps and motors, James Electric will continue to operate under its brand for the foreseeable future.
“Wolseley’s vast distribution network of over 220 locations across the country will enable us to expand our market reach and product offerings,” James said.
Keith Strachan, general manager of the Western Region for Wolseley, added that the acquisition aligns with the companies “strategic imperatives.”
“James Electric is a very complementary business and we are excited to be able to leverage each other’s strengths to build and grow together,” Strachan said. www.wolseleyinc.ca www.jameselectric.ca