Sonepar USA Closes Acquisition of Springfield Electric Supply Co. - Modern Distribution Management

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Sonepar USA Closes Acquisition of Springfield Electric Supply Co.

The deal adds 19 branch locations and 350 employees to Sonepar USA, the Charleston, S.C.-based subsidiary of Sonepar Group.
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Sonepar USA Holdings Inc., a Charleston, South Carolina-based subsidiary of the privately held Sonepar Group, on Tuesday announced it closed its acquisition of Springfield Electric Supply Co., Springfield, Illinois, on Aug. 31.

Financial terms of the deal, first announced July 22, weren’t disclosed.

A family-owned business headquartered in Springfield, Illinois, since 1912, Springfield Electric adds 19 branch locations and 350 employees to the Sonepar network. Springfield Electric has operations in Illinois, Indiana, Missouri and Iowa.

“It’s a very exciting day for Sonepar and the Springfield Electric team, and further signifies our commitment to continue growing with the strongest and best regarded electrical distribution companies,” said Rob Taylor, president, Sonepar North America.

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