Sonepar USA, a subsidiary of the privately held Sonepar Group, announced today that it has entered into an agreement to acquire City Electric.
Founded in 1919, City Electric started as an electrical appliance store in Syracuse, New York. Since then, it has grown into a leading independent electrical wholesale distributor with 12 branches to serve customers throughout New York State. They provide a full line card of commercial, residential and industrial electrical products to the markets they serve. City Electric will be a part of Sonepar USA’s East Region, led by Don Block.
“This acquisition extends our branch network to cover all of New York State,” said Halsey Cook, President of Sonepar USA. “The City Electric team and Sandra Rosecrans share our passion for customer satisfaction and we welcome them to the Sonepar group.”
About Sonepar USA
Sonepar USA is a market leader in the B-to-B distribution of electrical, industrial & safety products and related solutions. Sonepar USA is made up of 15 of the finest locally managed electrical and industrial distributors, with coverage in all 50 states. Entering the US in 1998, Sonepar USA has continued to grow over the years due to strategic acquisitions and organic growth. Sonepar USA is a member of the Sonepar Group, an independent family-owned company with global market leadership in B-to-B distribution of electrical products and related solutions.
About City Electric
City Electric was founded in 1919 in Syracuse, New York. It has grown to become a leading independent electrical wholesale distributor serving customers in the commercial, residential and industrial sectors throughout New York State.
Nice !
Congrats Team Sonepar for another strategic acquisition!!