Power-Flo Technologies has acquired the assets of Nassor Electrical Supply Co., Inc.
MOONACHIE, New Jersey – December 23, 2019
Nassor Electrical Supply Co. Inc. has signed an agreement to sell its assets Nassor Acquisition, LLC, a Power-Flo Technologies company (PFT). The transaction closed on December 23, 2019. This decision was made to strengthen the business and provide continuity for the Nassor Electrical Supply employee base and customers in the New Jersey and NYC markets. Power-Flo Technologies is well-positioned to give these employees and customers opportunities to grow and thrive. Most of the Nassor Electrical Supply employees have been invited to join the Nassor Acquisition team.
Jerry DiCunzolo, Owner and President of Power-Flo Technologies stated that the company “is unique in its multi-faceted approach of providing services, supplies, and solutions for our customers’ projects from conception to completion, by offering in-house engineering and support solutions. We believe that with these strengths we will continue to provide the same outstanding customer service and support that the Nassor Electrical Supply customer values and trusts.”
Nassor Electrical Supply’s President Dr. Donna Nassor noted, “This decision was made to strengthen the business and provide continuity for our employee base and customers in the market. Power-Flo Technologies is well-positioned to give our employees and customers’ opportunities to grow and thrive.”
About Power-Flo Technologies:
About Nassor Electrical Supply Company:
Contact: Katelyn Trowse