PADUA, Italy — Sonepar Italia S.p.A. and Majorano S.p.A. have officially signed an agreement by which Majorano’s electrical material distribution activities will be transferred to Sonepar Italia. The handover will take place through a new company, named Elettrica Majorano Srl, which will be part of Sonepar Italia.
With a record turnover of 1.1 billion euros in 2021, 146 branches located in 17 regios throughout the territory, and 2100 associates, Sonepar Italia is a leader in the distribution of electrical materials, solutions and related services for professionals and part of the Sonepar Group.
Majorano was founded in Naples in 1947 as a Pirelli sales agency for cables and enameled motor winding conductors. Over the years, the company has become a reference point for central-southern Italy in the distribution of electrical materials with 13 branches in the regions of Lazio, Campania, Calabria, and Basilicata. In 2021, it recorded sales of around 24 million euros.
“The journey that led Sonepar and Majorano to join their forces has finally and officially been completed,” said Sergio Novello, President of Sonepar Italia. “This operation will allow us to consolidate the excellent territorial coverage that the two companies have built over the years in the regions of Campania, Calabria and partly in Lazio.”
“I wish to thank Angelo Maiorano,” commented Giovanni Mazza, Director of the South & Islands Division of Sonepar Italia, “For the path we have shared together, Sonepar and Majorano will consolidate a strong presence in the South, in Campania and Calabria, where they complement each other very naturally and are synergistic in skills. We look forward to welcoming our new colleagues in the activities planned to integrate the companies and that we are sure will bring great value for our customers.”
“The agreement with Sonepar Italia is a source of great satisfaction for us,” commented Angelo Maiorano, “Sonepar is a guarantee for our business continuity, our evolution and future. Our combined presence on the territory will be an important driver of growth and gratification for our customers, our suppliers and our associates, for whom a new phase is definitely opening up and who will find in Sonepar great opportunities and maximum support.”Tagged with acquisition, Sonepar