Latest from Mergers & Acquisitions

Photo 226496518 mohd izzuan ros / Dreamstime.com
acquisitions_2023_photo_226496518__mohd_izzuan_ros
Photo 226496518 © Mohd Izzuan Ros / Dreamstime.com
acquisitions_2023_photo_226496518__mohd_izzuan_ros

Sponsored

Viking Electric expands into Milwaukee with Boggis-Johnson purchase

Feb. 1, 2006
Viking Electric Supply/Sonepar, Minneapolis, purchased Boggis-Johnson Electric Co., Milwaukee, expanding its reach into Milwaukee and southeastern Wisconsin.

Viking Electric Supply/Sonepar, Minneapolis, purchased Boggis-Johnson Electric Co., Milwaukee, expanding its reach into Milwaukee and southeastern Wisconsin. The deal, which closed Jan. 18, gives Viking Electric nine locations in Wisconsin, as well as 11 locations in Minnesota for a total of 20 branches.

Boggis-Johnson, with approximately 50 employees and one location, is a family-owned business that has served the contractor and industrial markets for more than 90 years. The company is ranked No. 152, according to Electrical Wholesaling's listing of the 2005 Top 200 electrical distributors.

Sonepar, which owns Viking, already has a large presence in the Upper Midwest through Viking and Brook Electrical in metropolitan Chicago. “This merger will also provide a base for future growth opportunities for Boggis and Viking in the southeastern region of Wisconsin,” said Greg Hames, president of Viking Electric Supply.

“Viking has been charged by Sonepar to look for expansion opportunities in the Midwest region through organic growth or other profitable acquisitions where it makes sense. Sonepar will continue to expand its presence in the U.S. market and utilize its existing platform businesses to integrate these new acquisitions into the Sonepar family of companies,” he said.

Jeff Wanner has accepted a position as regional director for the southeastern Wisconsin market. He will lead the Boggis- Johnson organization. Boggis-Johnson's president, Ned Timarac, will remain with the company as well.

Sponsored Recommendations