Hunzicker Brothers to acquire SESCO

Hunzicker Brothers to acquire SESCO

Hunzicker Brothers, Inc., Oklahoma City, has agreed to acquire what it says is “the leading electrical distributor in southern Oklahoma,” SESCO Electric Supply Co., based in Lawton, Okla. Mike Lockard, president and CEO of Hunzicker Bros., said the deal with David Dyer, president and CEO of SESCO, unites two independent electrical distributors in a bid to fend off national chains.

SESCO has four locations in Oklahoma, with branches in Duncan, Chickasha and Ardmore as well as the Lawton headquarters.

“We are proud to welcome SESCO to the Hunzicker family and team,” Lockard said in a Hunzicker release. “We strongly believe that the joining together of two independent and family‐owned distributors is a combination that will greatly serve our respective customers and employees in an environment where distributors continue to be consumed by national and international chains. We also believe that the expertise and service that can be provided to our customers and suppliers by independents is unparalleled.”

Jeff and Wynona Dyer, Tom and Lorraine Ezzell, and Robert Schacher established SESCO in Lawton in 1963 and established another store in Duncan in 1968. The Dyer family purchased all outstanding stock from the other investors in September 1979. They would later establish locations in Chickasha and Ardmore. Jeff and Wynona’s son, David Dyer, has led the company since his father’s death in 1993. Under David’s leadership SESCO has become the leading electrical distributor in southern Oklahoma.

David Dyer, SESCO President, stated, “SESCO’s mission of “we give, we serve, we comfort” is aligned with the Hunzicker culture of a family‐owned Oklahoma distributorship that was built on customer service and an outstanding team of employees. I strongly believe that the joining of these two companies will serve our customers and employees well in future years.”

Jack Henderson, Executive Vice President of Hunzicker Brothers, said he is extremely excited to welcome SESCO. “This acquisition allows us to combine the operations, which together gives us 145+ years of experience to better serve our statewide customer base. We remain committed to growth, and adding these new markets will increase our service capabilities and strengthen our position as a significant force in the electrical distribution business in our marketplace. We will continue to seek additional strategic acquisitions with similar values that have served Hunzicker Brothers well since our founding in 1920.”

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