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New Deal


Announced

Completed

Sonepar-backed Codale completed the acquisition of NEDCO Supply.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Single Bidder

Domestic

United States

Completed

Friendly

electrical products

Acquisition

Majority

Electronic Components and Equipment

Synopsis

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Sonepar-backed Codale, a customer centric electrical product and solutions provider, completed the acquisition of NEDCO Supply, a full-line electrical products and services distributor. Financial terms were not disclosed. “NEDCO Supply will strengthen Codale’s position in southern Nevada, increasing its coverage in an area experiencing great growth. As a leader in electrical distribution among contractors in the Las Vegas market, NEDCO Supply is a perfect complement to Codale’s industrial customer base. The leadership and associates of NEDCO will align very well to the customer-centric culture of Codale,” Rob Taylor, Sonepar President.

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