On June 1, Sonepar announced that its U.S. subsidiary, Cooper Electric, has entered into an agreement to acquire Billows Electric Supply, according to a news release.
Financial details were not disclosed.
Billows Electric offers electrical products and services to its customers in the Philadelphia, South New Jersey and Wilmington, Delaware, metropolitan market. Billows Electric will join Sonepar with 19 branch locations and over 285 associates, Sonepar said.
“The addition of Billows Electric Supply will increase our coverage and density within those important markets in which it operates and provide us with a strong platform for growth,” said Rob Taylor, President of Sonepar North America. “This combination is especially exciting as Billows will be able to leverage Sonepar’s investment in Cooper Electric’s state-of-the-art automated distribution center in providing best in class services for our customers throughout Billows’ market.”
The acquisition, subject to competition authority approval, is scheduled to close in June, Sonepar said.
Featured photo caption: From left to right — David Cooper, President of Cooper Electric; Jeff Billow, Owner & CEO Billows Electric Supply; and Alan Rosenfeld, East Region President, Sonepar USA.
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