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Headquarters: Paris, France
2013 Revenues: $7.7 billion
Change in Sales from 2012: 1.3%
2013 Acquisitions: MGM Electric Ltd.,Thunder Bay, ON; Oakwell, Singapore; Electrical Wholesale Services, New South Wales, Australia
Key Executives: Dave Gabriel, Sonepar North America President & CEO; Halsey Cook, Sonepar USA President
Traditionally acquisitive Sonepar was relatively quiet in 2013, making acquisitions in Singapore and Australia. The acquisition of Oakwell Distribution in Singapore provided access to key oil and gas markets around the world, one of the most targeted end markets for growth across sectors. Acquisition activity for the electrical distributor has already picked up again in 2014.
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