A Grand Island-based electrical distributor with an office in Lincoln has agreed to be acquired.
Border States Electric of Fargo, North Dakota, said it has reached an agreement to acquire Kriz-Davis Co. and its wholly owned subsidiary, Chapman Metering.
The deal, the terms of which were not disclosed, is expected to be finalized Aug. 28.
Kriz-Davis Co. has been in business for more than 70 years. The company has nearly $200 million in annual sales and more than 250 employees at 19 locations in six states. The Lincoln location is at 1910 S.W. Fifth St.
