Slow but steady economic improvement raise expectations for more mergers and acquisitions for the rest of 2014.
Latest In Sonepar
BTF-Group consists of three companies in the Frankfurt area.
Acquisition will expand Sonepar's Australian presence.
Two additions expected to strengthen Sonepars electrical distribution network.
Acquisition will expand Sonepar's footprint to 40 countries.
MGM Electric will join Sonepar Canada's Ontario division.
Oakwell has operations in seven countries in Asia.
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The new branch will service the Vernal, UT, area.
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EWS has five branches in Australia.
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The global electrical distributor’s geographic footprint now reaches 36 countries.
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AME Material Electrico S.A. has 14 branches in the Valencia region of Spain.
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Acquisition of Cory’s Electrical will be Sonepar’s first entry into the New Zealand market.
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Codale Electric Supply has 12 locations in Utah, Wyoming and Nevada.
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Electrical distributor acquires Rosa Leal, with 12 operating companies and 16 branches.
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The electrical distributor completed several acquisitions in the U.S., China, Canada and throughout Europe in 2011.
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Dixon will join Sonepar Canada’s Ontario division.
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The distribution landscape continues to change, as large companies look to acquire mid-size companies to expand market presence or product offerings more rapidly than they have in the past.
“Those large companies have historically gone after the smaller players to grow incrementally,” says David Gordon, president of Channel Marketing Group. Gordon was featured in the October MDM Executive Briefing (available at mdm.com/executivebriefing). “Now they’re acquiring larger companies, from about $75 million to $400 million and taking big chunks out of the market.”
Three recent acquisitions have supported Gordon’s assertion: …
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OneSource reported sales of $335 million in 2010.
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President/CEO of Sonepar Canada to become president of the Asia-Pacific Region.
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