On Oct. 19, Sonepar announced that its US subsidiary, Viking Electric, has signed an agreement to acquire Sunrise Electric Supply, a Chicago based electrical supply company.
Founded in 1986, Sunrise Electric Supply has “built a reputation as one of the top electrical supply companies serving customers throughout the Chicago area,” Sonepar said in a news release. Sunrise Electric Supply joins Sonepar with over 80 associates.
Sonepar said the acquisition signals the company’s “commitment to grow its business in the second largest electrical market in the country.”
“Sunrise Electric Supply is a market leader across Greater Chicago with strong technical expertise in distribution equipment and excellent customer relationships,” said Rob Taylor, President of Sonepar North America. Both Viking Electric and Sunrise Electric Supply have reputations for providing best-in-class customer service, and the union of these two great organizations is an exciting business advancement for Sonepar.”
Viking Electric currently operates 22 locations across Minnesota, Wisconsin and the Chicago are. The transaction is expected to close on October 31.
In April, Viking Electric announced that it reorganized its sales leadership structure and promoted three sales leaders to new executive leadership roles
On MDM’s 2023 Top Distributor Lists, Sonepar ranks No. 2 among electrical distributors. Earlier this month, Sonepar announced that the company is celebrating its 25th anniversary of operating in the U.S.
Related Posts
-
Virginia DeVries will work closely with the Viking Electric sales team to identify, quote, and…
-
The latest branch to open is located on 96th Street in Indianapolis. with a grand…
-
The staffing changes come amid a period of expansion for World Electric.