| | |

Sonepar to Sell Vallen North America to Nautica Partners

Sonepar 125x86

Sonnepar 400x275

Vallen’s businesses in Asia are unaffected by this transaction and will remain part of the Sonepar Group. In 2021, Vallen North America recorded sales of around $1.7 billion and employed 4,200 associates.

“Sonepar’s decision to divest Vallen North America came after a strategic evaluation regarding the best path forward for Vallen and its associates,” stated Philippe Delpech, Sonepar CEO. “Going forward, Sonepar will continue its focus on the growth and performance of its core electrical distribution businesses around the world, making significant investments to grow the business organically and through acquisitions and to expand offerings of services, solutions, and products.”

The sale is anticipated to close within a couple of months, following customary regulatory approval.

Related Articles


Latest Articles

  • FrommConnect Names New Business Development Manager

    FrommConnect Names New Business Development Manager

    Reading, Pa.-based FrommConnect, the services division of Fromm, a leading Mid-Atlantic electrical products and solutions provider, has appointed Andrew Nairin as Business Development Manager. Nairin will work with area businesses and community organizations to promote FrommConnect’s services and pursue opportunities that support economic growth in the region. Nairin joined the company after a successful career… Read More…

  • Donna Sumner Changes Roles at Acuity Brands Lighting

    Donna Sumner Changes Roles at Acuity Brands Lighting

    A 14-year Acuity Brands Lighting veteran, Donna Sumner has stepped into a new role at the company as Senior Director of Strategic Operations for the Innovation + Architectural Division. She noted in a statement announcing her new position with the company, “Leading the Mark Architectural Lighting and Peerless Lighting teams as Director of Product has… Read More…