Sonepar Acquires Multiple North American Electrical Distributors (2024)
November 14, 2024
Sonepar announced a series of North American acquisitions in 2024, completing seven deals that together add more than $2 billion in revenue, roughly 1,700 associates and 89 branches to its network. Named transactions reported in industry press include acquisitions of Madison Electric Company, Standard Electric Company, Echo Electric Supply Company, Electric Supply Center and Summit Electric Supply, part of Sonepar’s continued U.S. geographic expansion and capability build-out.
- Buyers
- Sonepar
- Targets
- Madison Electric Company, Standard Electric Company, Echo Electric Supply Company, Electric Supply Center, Summit Electric Supply
- Industry
- Building Products
- Location
- United States
- Transaction Type
- Buyout
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