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Announced

30 May 2024

Completed

30 May 2024

Sonepar completed the acquisition of Covama Electric.

Synopsis

Sonepar, an electrical products distributor, completed the acquisition of Covama Electric, an electrical and logistics warehouse company. Financial terms were not disclosed.

Principals

target

Covama Electric

bidder

Sonepar Group

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Market Context

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Bidder Team (5)

ignacio de fuentes

Senior Associate at Uria Menendez

Lawyer

bidder

Deals

£ 406 M

Total Value

rafael nunez-lagos de miguel

Partner at Uria Menendez

Lawyer

bidder

Deals

£ 3.31 B

Total Value

philippe delpech

CEO at SONEPAR GROUP

Manager

bidder

Deals

n/a

Total Value

manuel echenique

Partner at Uria Menendez

Lawyer

bidder

Deals

£ 28.73 B

Total Value

sara rodríguez aparicio

Junior Associate at Uria Menendez

Lawyer

bidder

Deals

£ 162 M

Total Value

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