Sonepar Acquires Madison Electric Company and Standard Electric Company – EdisonReport

March 21, 2024 | by magnews24.com

Sonepar announces the acquisition of Michigan-based distributors Madison Electric Company and Standard Electric Company, adding 36 locations to its network. With a combined sales of approximately $400M in 2023, both companies are renowned for their electrical and industrial products and services. The acquisition, pending regulatory review, signifies Sonepar’s strategic expansion and alignment with the culture and values of Madison and Standard.

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