|

Sonepar Releases “Growth Stories” Video Series

CEW 34 SOnepar logo 800

October 21, 2022

In step with the larger trend of consolidation in B2B distribution, Sonepar has been very active in acquisitions since 2021. The global electrical distributor recently released a “Growth Stories” video series, including a story featuring perspectives from entrepreneurial leaders of Sonepar-acquired companies in the US.

“Our acquisition strategy remains on track,” said Rob Taylor.  “We are always prepared to move forward with strong acquisition candidates, and we continue to have the resources to move quickly and efficiently. We hope all companies consider Sonepar a good acquisition partner – and we welcome conversations. We have the resources necessary to invest in the companies we acquire, allowing them to stay competitive and grow in their markets through increased digital capabilities, enhances logistics, all while offering great benefits and opportunities to their associates.”

In the past 18 months, Sonepar has acquired Springfield Electric, Richards Electric, Advance Electrical, Basin-River Electrical Supply, and Professional Electric Products Co., Inc. (PEPCO).

Below, see the second episode of Sonepar’s Stories of Growth web series. From Cooper Electric, who joined the Sonepar family over 20 years ago, to Richards Electric who joined just this year, hear their stories.

 

{youtube}4THURjumxzs{/youtube}

 

Source

Related Articles


Latest Articles

  • Shore-Side Electricity and Data Monitoring Take Hold in the Cruise Industry

    Shore-Side Electricity and Data Monitoring Take Hold in the Cruise Industry

    April 15, 2024 On July 7, 2023, the United Nations International Maritime Organization (IMO) and its participating maritime countries set their Greenhouse Gas (GHG) emissions strategy to achieve net zero “by or around” 2050. As a result, the shipping industry, including cruise lines, is adopting various strategies to achieve this ambitious goal, including new fuels,… Read More…

  • Project Spotlight: Sainte-Thérèse High School Lighting Upgrade

    Project Spotlight: Sainte-Thérèse High School Lighting Upgrade

    Built in 1980, the building that houses Sainte-Thérèse high school, in Quebec Canada, was looking a little worse for the wear. Renovation work began with two major projects: introducing a multidisciplinary sports centre, as well as redesigning the parking lots.  The employee and visitor parking lots were completely reconfigured during phase 1 of the renovation… Read More…

  • Guide to the Canadian Electrical Code, Part 1[i], 26th Edition – A Road Map: Section 10 – Grounding and Bonding

    Guide to the Canadian Electrical Code, Part 1[i], 26th Edition – A Road Map: Section 10 – Grounding and Bonding

    April 8, 2024 By William (Bill) Burr[i] The Code is a comprehensive document. Sometimes, it can seem daunting to quickly find the information you need.  This series of articles provides a guide to help users find their way through this critical document. This is not intended to replace the notes in Appendix B, or the… Read More…

  • Investment in the Residential Sector Declines in January 2024

    Investment in the Residential Sector Declines in January 2024

    April 8, 2024 Investment in building construction declined 0.9% to $19.7 billion in January. The residential sector declined 1.4% to $13.6 billion, while investment in the non-residential sector edged up 0.2% to $6.1 billion. On a constant dollar basis (2017=100), investment in building construction fell 0.9% to $12.1 billion in January. Investment in the residential sector declines Investment in residential building construction declined… Read More…


Changing Scene