|

Sonepar Enters into an Agreement to Acquire Robertson Electric Wholesale

July 9, 2024

Sonepar announced that it has entered into an agreement to acquire Robertson Electric Wholesale. 

Founded in 1952 and headquartered in Vaughan, Ontario, Robertson Electric Wholesale has grown to be a highly respected electrical distributor across Canada with 19 branches and over 400 associates. 

“We look forward to partnering with Sonepar and the exciting opportunities it will offer our customers and associates. Our company was built on a customer-centric model, which will be strengthened with the knowledge and expertise Sonepar can provide to ensure our continued success,” commented Robertson Electric Wholesale President, Rick Campbell. 

“Sonepar is very proud to partner with the Robertson team. This will be an excellent strategic partnership as both Sonepar and Robertson are focused on customer service and being a great place to work. We look forward to the benefits this transaction will provide to our customers, vendor partners, and the associates of both companies,” stated Sonepar Canada President, George McClean.

The acquisition is scheduled to close within the next two months subject to regulatory approval. Until that time, the companies will continue to operate independently.

Source

Related Articles

Leviton Canada Achieves Carbon Neutrality Two Years Ahead of Schedule

Leviton Canada Achieves Carbon Neutrality Two Years Ahead of Schedule

August 22, 2023 Leviton Canada expedites it’s 2025 commitment to reach carbon neutrality and publishes its global Sustainability Report. In 2022, Leviton announced its climate change goal to achieve company-wide Carbon Neutrality by 2030 (CN2030) and its ambition to achieve Net-Zero Carbon by 2050. For Leviton Canada, the goal was more aggressive, with a commitment…

Latest Articles

Changing Scene

  • Federal Investment to Add 989 New Montreal Homes

    Federal Investment to Add 989 New Montreal Homes

    November 18, 2024 The federal government is providing nearly $364 million to help build 989 new homes in Montreal. The announcement took place at 5200 rue de la Savane, in Montreal, which received $100 million dollars through the Apartment Loan Construction Program (ACLP) to build 303 homes and will be operated by Olymbec. This rental building, named Lynk, is designed to… Read More…

  • ABB and NIEDAX Group Announce Completion of Joint Venture with the Formation of Abnex Inc.

    ABB and NIEDAX Group Announce Completion of Joint Venture with the Formation of Abnex Inc.

    November 18, 2024 ABB completed the previously announced 50/50 joint venture with Niedax Group. The Abnex Inc. joint venture (JV) will broaden solutions and advance opportunities in the rapidly growing North American cable management market. Integrating engineering and manufacturing capabilities of ABB’s Installation Products Division with Niedax Group will enable the newly formed company to deliver a… Read More…

  • Ontario Building More Electric Vehicle Charging Stations

    Ontario Building More Electric Vehicle Charging Stations

    November 18, 2024 The Ontario government is building over 1,300 new electric vehicle (EV) charging ports in small and medium-sized communities, marking a major milestone in the province’s plan to increase access to EV chargers outside of large urban centres and support the electrification of transportation across the province. As the province continues to see… Read More…

  • Ontario Investing Over $74 Million Through Next Round of Skills Development Fund Capital Stream

    Ontario Investing Over $74 Million Through Next Round of Skills Development Fund Capital Stream

    November 18, 2024 The Ontario government is launching the second round of its Skills Development Fund (SDF) Capital Stream starting November 29, with over $74 million in available funding to build, expand and retrofit training facilities for workers in the trades, including construction, manufacturing technology and health care. The government is also investing nearly $5 million from the first… Read More…