Announced
Completed
Synopsis
Sonepar, an independent family-owned company in B-to-B distribution of electrical products, solutions, and related services, completed the acquisition of Aztec Electrical Supply, a Canadian distributor of lighting, electrical, control and automation products. Financial terms were not disclosed. “Aztec was built on the principle that electrical distribution could be unique and specialized. Our goal was to create an automation and industrial electrical distributor with differentiated product alignment, best-in-class technical service, and a highly engaged sales team, meeting the needs of the industrial market. Moving forward, Aztec will be able to leverage the size and scale of Sonepar to grow its business significantly,” Kevin Borg, Aztec Vice President of Sales & Operations.
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