Sonepar Closes on Madison Electric & Standard Electric Deals - Modern Distribution Management

Sonepar Closes on Madison Electric & Standard Electric Deals

The two Michigan-based electrical and industrial products distributors are now officially members of the Sonepar family of companies.
Sonepar logo new

On April 30, electrical products distribution giant Sonepar completed the previously announced acquisition of Madison Electric and Standard Electric.

The two Michigan-based electrical and industrial products distributors are now officially members of the Sonepar family of companies.

Madison and Standard have over 550 associates and 36 locations across Michigan, and had combined sales of approximately $400 million in 2023.

Brett Schneider, President of Madison Electric, and Bill Gray, President of Standard Electric, shared a joint statement:

“Looking to the future, we’re most excited about the availability of extensive resources and functional expertise — supply chain, IT, HR and core contractor market segment analysis to name a few. Exploring new opportunities in markets like solar and green energy and looking at national account possibilities are areas of growth for us. We’re also excited about the skill development and career options now available to our talented associates.”

On MDM’s 2023 Top Distributors Lists, Sonepar’s North American operations charted at No. 2 for electrical, data and security products distributors.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!