Sonepar Releases “Growth Stories” Video Series

October 21, 2022

In step with the larger trend of consolidation in B2B distribution, Sonepar has been very active in acquisitions since 2021. The global electrical distributor recently released a “Growth Stories” video series, including a story featuring perspectives from entrepreneurial leaders of Sonepar-acquired companies in the US.

“Our acquisition strategy remains on track,” said Rob Taylor.  “We are always prepared to move forward with strong acquisition candidates, and we continue to have the resources to move quickly and efficiently. We hope all companies consider Sonepar a good acquisition partner – and we welcome conversations. We have the resources necessary to invest in the companies we acquire, allowing them to stay competitive and grow in their markets through increased digital capabilities, enhances logistics, all while offering great benefits and opportunities to their associates.”

In the past 18 months, Sonepar has acquired Springfield Electric, Richards Electric, Advance Electrical, Basin-River Electrical Supply, and Professional Electric Products Co., Inc. (PEPCO).

Below, see the second episode of Sonepar’s Stories of Growth web series. From Cooper Electric, who joined the Sonepar family over 20 years ago, to Richards Electric who joined just this year, hear their stories.

Source

Related Articles


Changing Scene

  • Schneider Electric Canada Opens New Distribution Centre in Halton Hills, Strengthening Local Operations and Supply Chain Resilience

    Schneider Electric Canada Opens New Distribution Centre in Halton Hills, Strengthening Local Operations and Supply Chain Resilience

    Schneider Electric has officially opened a new 130,000 square-foot distribution centre in Halton Hills, Ontario. This strategic investment strengthens Schneider Electric’s Canadian operations by improving delivery timelines and contributing to national energy sustainability. “The opening of the Halton Hills distribution centre demonstrates our commitment to Canada and to providing fast, reliable access to critical electrical… Read More…

  • EFC Welcomes G&W Electric as New Manufacturer Member

    EFC Welcomes G&W Electric as New Manufacturer Member

    Since 1905, G&W Electric has powered the world with innovative power system solutions, from the first disconnectable cable terminating device to today’s solid dielectric and SF₆ insulated switchgear, reclosers, and distribution automation systems. With a customer-first, consultative approach, G&W partners with utilities, commercial, industrial, and renewable energy customers to deliver reliable, resilient, and tailored solutions… Read More…


Peers & Profiles