Van Meter Inc. to acquire Miller Electric Supply

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Miller Electric Supply Inc. and Van Meter Inc. today announced they have entered into an agreement for Van Meter to purchase Miller Electric, a leading electrical distributor with locations in Dubuque and Clinton. The transaction, which will expand Van Meter’s presence in Iowa to 14 locations, is expected to close by the end of the first quarter, subject to a customary due diligence process. Van Meter is based in Cedar Rapids with 11 branches that include Des Moines and Urbandale. Miller Electric was founded in 1963 and provides electrical and automation supplies and services to industrial, commercial and contractor customers. The addition of Dubuque and Clinton locations rounds out Van Meter’s service territory and will create new opportunities for the company in eastern Iowa as well as parts of Illinois and Wisconsin, Van Meter President and CEO Kevin Powell said in a release.