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Breaking news in Wholesale Distribution
The Georgia-headquartered company says the move supports its desire for ‘corporate sustainability' in the copper industry.
Cebeo, an electrical distributor and member of the Sonepar Group, has acquired Belgian company Electro Meers.
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The Winona, Minnesota-based distributor topped $6 billion in net sales for the year, including more than $1.5 billion in 4Q 2021.
Census Bureau: Privately‐owned housing units authorized by building permits were 9.1% above the revised November rate.
The electrical distributor says Aram Marandyan has been named VP of sales, and Dan Pinshaw will succeed him as branch manager in Los Angeles.
The company says the recently closed Series A funding will help it expand AI-powered growth platform for distributors.
The new capital will be used to develop its e-commerce platform and software development for sales teams and technician staff.
The home appliance, HVAC and plumbing repair parts distributor made a deal to acquire the company from Ridgemont Equity Partners.
John Pehler, who joined the company Jan. 10, has been appointed chief digital officer after previous jobs at Grainger and Caterpillar.
