Sonepar completed the acquisition of Echo Electric Supply.

Sonepar, an electrical products distributor, completed the acquisition of Echo Electric Supply, an independent wholesale electrical distributor. Financial terms were not disclosed. “I’m enormously proud of Echo Electric’s track record as an independent distributor. Sonepar’s approach of combining global resources with a local strategy tailored to the market was important in our decision to join their well-respected organization. We feel Sonepar is a great cultural and strategic fit. I’m deeply appreciative of our employees’ hard work and dedication over the years and look forward to this new chapter for us,” Mitch Lane, Echo Electric CEO.