Distributors

Sonepar USA Completes Acquisition of Springfield Electric

Sonepar USA Completes Acquisition of Springfield Electric

CHARLESTON, S.C. β€” Today, Sonepar USA [Holdings, Inc.], a subsidiary of the privately held Sonepar Group, announced the Springfield Electric Supply Company acquisition closed on August 31, 2021. Springfield Electric is now officially a member of the Sonepar family of companies.

A family-owned business headquartered in Springfield, Illinois since 1912, Springfield Electric will add 19 branch locations and 350 employees to the Sonepar network. Springfield Electric has an outstanding and well-established reputation with its customers and suppliers as a market leader. With operations in Illinois, Indiana, Missouri, and Iowa, Springfield Electric offers Sonepar the opportunity to grow its business in the 7th largest electrical market in the United States.

β€œIt’s a very exciting day for Sonepar and the Springfield Electric team, and further signifies our commitment to continue growing with the strongest and best regarded electrical distribution companies,” said Rob Taylor, President, Sonepar North America.

Tagged with , , ,

Comment on the story

Your email address will not be published. Required fields are marked *