The two are expected to merge operations sometime in 2024 and will operate on a combined basis as Crawford, Sonepar said.
Latest In Sonepar
The acquisition, subject to competition authority approval, is scheduled to close in June, according to a news release.
MDM speaks with North Coast Electric President Cory McCulloch to discuss his company's new DC in Auburn, Washington and the Sonepar subsidiary's plans for the future.
The staffing changes come amid a period of expansion for World Electric.
Reina Ohol has been promoted to Senior Vice President of Human Resources for Sonepar North America, the company said.
Sonepar selected Microsoft, Publicis Sapient and Hitachi Solutions to help drive the company’s digital innovation in a 'sustainable manner.'
Chastity DeVito has over 20 years of sales development and leadership experience in the electrical distribution industry.
Butler's Electric Supply will be integrated into Sonepar USA subsidiary Capital Electric Supply.
As part of the restructure, Viking Electric promoted three sales leaders to new executive leadership roles.
The electrical products distributor says it also completed 20 acquisitions and welcomed 2,100 new associates in 2022.
The 12,500-square-foot facility located in the town of Monument will stock commercial and residential products.
Sonepar subsidiary Crawford will now support Schneider Electric's Square D products at locations in Texas and Louisiana.
Mike Hockett distills takeaways from a NAW Executive Summit session that featured distribution executives discussing what leading companies do differently when it comes to profits and pricing strategy.
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Mike Smith, SVP Business Relationship Management and Data Insights, and Scott Schuenke, VP of Strategic Development and Integration Management, will retire.
![OneSource Fullerton CA[43]](https://www.mdm.com/wp-content/uploads/elementor/thumbs/OneSource-Fullerton-CA43-scaled-qtx18iwi3ltsg5y06b14znfxig1m8dwsz5lfxzcxxg.jpg "OneSource Fullerton CA[43]")
OneSource saw significant growth in each of its business segments in 2022.
Sonepar is off to a fast start in 2023, having already made two acquisitions in the new year.
HOLT is expected to record sales revenue of approximately $75 million for 2022, Sonepar said in its announcement.
Sonepar: "Henri, following a family lead, recognized very early the potential of the electrical distribution industry."
Robert Hoke will work at Viking as its new eMobility Specialist, while Jen Pytleski will take the role of Enterprise Account Executive.
The vehicles will be used for regional product deliveries in California, Maryland, Minnesota and Washington state.
