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Wire giant Southwire, Carrollton, GA, announced the acquisition of Garvin Industries, Franklin Park, IL, a manufacturer of electrical junction boxes, hangers and fittings, lighting and low-voltage devices.
Southwire said its acquisition of the 120-year-old family-owned company is part of an aggressive plan to grow the company by 50% over the next five years.
“The acquisition of Garvin helps us further expand our product offering and will give us a broader opportunity to provide custom solutions for our electrical customers," said Rich Stinson, Southwire's president and CEO, in a press release.
The acquired assets include Garvin’s manufacturing, distribution and corporate support functions and will add approximately 30 employees to Southwire. Garvin will become part of Southwire’s Tools and Assembled Products business unit.
"Garvin Industries, with its continued focus on customer service, value and innovation, is the perfect addition to our business, with products that are used every day with our core wire and cable products," said Brandon Moss, Southwire's president of Tools and Assembled Products Business Unit. "We are excited to welcome Garvin Industries to the Southwire family and look forward to better serving our customers through this growth."