| | | |

Sonepar Acquires Aztec Electrical Supply Inc.

Sonepar 125x86

 

Sonepar 400x275

November 2, 2022

Brampton, Ontario-based Sonepar has announced that its wholly owned Canadian subsidiary, Sonepar Canada, Inc. has acquired Aztec Electrical Supply Inc

 With a strong presence in the province of Ontario, the acquisition of Aztec will strengthen Sonepar’s ability to grow its industrial business model across the Greater Toronto Area.

Founded in 2002, Aztec expanded its market presence across Ontario opening four branches located within Vaughan, Cambridge, Mississauga, and Burlington. Aztec will add 100+ associates to the Sonepar network in Canada and is expected to record sales revenues of more than $70 million in 2022.

“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,” said Kevin Borg, Aztec’s VP/Sales & Operations. “Moving forward, Aztec will be able to leverage the size and scale of Sonepar to grow its business significantly.”

“As we aim to diversify our market offerings and create future business opportunities, Aztec’s robust business approach of specialized distribution coupled with its dedicated sales force will serve as a great complement to Sonepar’s growing business in Ontario,” stated Francois Anquetil, President of Sonepar Canada.

 

Related Articles


Latest Articles

  • Casambi Returns to Pre-pandemic Lead Times

    Like all companies in the electronics industry, Casambi had been experiencing pandemic-related component shortages across the global supply chain. All of its operations and supply chain teams, in partnership with Casambi’s suppliers and subcontractors, have worked diligently in 2022 to identify and close these gaps. In doing so, the company has also assisted its ecosystem… Read More…

  • When Good Lighting Goes Rogue

    Last week a news article was widely circulated about a Massachusetts high school that had been under fire for wasting taxpayer money for nearly two years (18 months to be exact) because of a faulty lighting system. A mention of the problem even made the Weekend Update segment of the most recent Saturday Night Live… Read More…