Global electrical distributor Sonepar, Paris, France, reported sales for 2012 of €16.3 billion (US$21 billion), up 10 percent over sales in 2011. Organically, group sales increased 2.4 percent in 2012.
Sonepar continued to grow its global footprint through acquisitions during the year and now has operations in 36 countries. The company completed acquisitions in the U.S., Brazil, Thailand and New Zealand that added €500 million (US$643.3 million) in annual sales.
In 2012, sales in North America accounted for 35 percent of total group sales, Northern Europe accounted for 33 percent, Southern Europe 25 percent and Asia Pacific making up 7 percent.