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Latest In Sonepar
Mike Smith, SVP Business Relationship Management and Data Insights, and Scott Schuenke, VP of Strategic Development and Integration Management, will retire.
OneSource saw significant growth in each of its business segments in 2022.
Sonepar is off to a fast start in 2023, having already made two acquisitions in the new year.
HOLT is expected to record sales revenue of approximately $75 million for 2022, Sonepar said in its announcement.
Sonepar: "Henri, following a family lead, recognized very early the potential of the electrical distribution industry."
Robert Hoke will work at Viking as its new eMobility Specialist, while Jen Pytleski will take the role of Enterprise Account Executive.
The vehicles will be used for regional product deliveries in California, Maryland, Minnesota and Washington state.
The positions are for SVP of digital enterprise and SVP of business relationship management and data insights.
PEPCO adds 10 branch locations and an expected $300 million in 2022 revenue to Sonepar, while Basin River adds a single branch.
World Electric's parent company Sonepar USA ranked No. 2 among electrical, data and security distributors in MDM's 2022 Top Distributor list.
The first electrical equipment distribution marketplace for professionals in France confirms Sonepar's 'omnichannel ambitions,' it says.
The electrical and industrial distributor topped its market in 11 countries and registered roughly a million order lines per day.
M&A activity slowed somewhat in February, but the month wrapped up on an announcement that will likely draw eyes from across the distribution industry.
The middle-market private equity firm reached a deal to acquire supply chain solutions company Vallen Distribution from the Sonepar Group.
Owens & Minor agreed to acquire Apria for an equity value of about $1.45 billion, just one week after Motion Industries completed its $1.3-billion purchase of Kaman Distribution Group.
Cebeo, an electrical distributor and member of the Sonepar Group, has acquired Belgian company Electro Meers.
The electrical and industrial distributor announced it has entered into an agreement to acquire the Cincinnati-based business.
For the first time in 2 decades, the distributor has a new logo that Sonepar says reflects an ‘ambitious transformation to serve customers.’
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