Sonepar completed the acquisition of Madison Electric and Standard Electric.

Sonepar, an electrical products distributor, completed the acquisition of Madison Electric and Standard Electric, a full-line distributors of electrical and industrial products and services to its contractor and industrial customers, and distribute into, and service, the HVAC and plumbing markets. Financial terms were not disclosed. “Madison and Standard have achieved a position as one of the leaders within the 10th largest electrical distribution market in the US. They have an outstanding reputation across Michigan built on lasting customer relationships and have positioned the business and their associates for long-term growth. These companies fit strategically within Sonepar’s Midwest footprint and have a strong culture with talented associates that we welcome to the team,” Rob Taylor, Sonepar Americas President.