Nov 06, 2024
Bellew Electrical acquires Cable & Accessories
Business Reporter Bellew Electrical, one of the largest independent electrical wholesalers in Ireland, has announced its acquisition of Cable and Accessories, marking a major deal for the industry.
Business Reporter
Bellew Electrical, one of the largest independent electrical wholesalers in Ireland, has announced its acquisition of Cable and Accessories, marking a major deal for the industry.
Cable and Accessories is one of the largest independent electrical wholesalers in Northern Ireland.
It was founded in 1984 and has grown significantly over the past four decades.
Now it employs over 45 people across its seven branches in Derry, Omagh, Limavady, Enniskillen, Letterkenny, and Buncrana.
The move marks Louth-headquartered Bellew's second major deal in recent months, following its successful acquisition of Wesco Electrical in early August.
The companies said this new deal positions both of them for continued success and market expansion.
Bellew Electrical and Cable and Accessories will continue to operate separately under their existing brand identities.
They said the aim is to ensure continuity of service while benefitting from the expanded capabilities of the newly combined entity.
Ollie Bellew, CEO of Bellew Electrical, said they are delighted to welcome Cable and Accessories into the Bellew Group.
"Their reputation as a trusted and respected electrical wholesaler aligns perfectly with our vision for growth and commitment to quality," he said.
"By joining forces, we can strengthen our presence in the market and enhance the service we offer to our customers."
"Together, we look forward to driving innovation and growth across Northern Ireland and beyond."
Kieran McAllister, Managing Director of Cable and Accessories, added that the new partnership marks an exciting new chapter for them.
"Joining the Bellew Group provides us with the resources and strategic support needed to continue growing and serving our customers at the highest level," he said.
"Our teams share the same dedication to customer satisfaction and technical expertise, and we’re confident that together, we can achieve even greater success."
Earlier this year, Bellew Electrical secured significant new investment from Waterland Ireland, which will allow the company to accelerate its ambitious growth strategy across the island of Ireland.
09:28Gail Conway