The 2020 Mid-Year Economic Update_long

Sonepar Acquires Belgian Distributor

French company's purchase of Vanas Beyond Tools expands presence in Belgium.

France-based electrical distributor Sonepar has acquired Vanas Beyond Tools, Antwerp, Belgium, a family-owned distributor of tooling and lifting accessories that employs 45 and posted sales of €14 million (US$15.8 million) in 2014.

Terms were not disclosed for the acquisition, which takes effect Feb. 1.

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