Hughes Supply Inc. has acquired the remaining interest of on-line distributor bestroute.com LLC. Previously, Hughes Supply owned 49% of bestroute.com. The completed acquisition brings Hughes' total investment in bestroute.com to approximately $23 million.

A niche distributor that specializes in stocking hard-to-find products not typically stocked at traditional distributors, bestroute.com will operate as a subsidiary of Hughes Supply. After beginning in electrical/voice/data markets, the company will be moving quickly into hvacr, aligning it with Hughes Supply's markets. Michael Gambino, president and founder of bestroute, joins Hughes Supply's "executive leadership team."



Links