Latest from Mergers & Acquisitions

Photo 226496518 / mohd izzuan ros / Dreamstime.com
acquisitions_2023_photo_226496518__mohd_izzuan_ros
ID 70727776 | Acquisition © One Photo | Dreamstime.com
mergers_id_70727776__acquisition_one_photo_dreamst

Sponsored

Sonepar Canada expands in northwestern Ontario with MGM Electric purchase

April 3, 2014
The existing MGM executive management team will remain with Tere McDonald as president and Doug Chadwick as V.P. of sales. Ed Fukushima will become an external consultant providing continued leadership to the business. Sonepar Canada has more than 1,800 dedicated employees in over 100 branches within seven operating companies; Century Vallen, Dixon, Gescan, Lumen, Osso, Sesco and Texcan.

Sonepar is expanding in Canada again, this time with the acquisition of MGM Electric, a full-line distributor in Thunder Bay and North Western Ontario. The deal was scheduled to be completed by April 1.

MGM Electric will join Sonepar Canada’s Ontario division, consisting of Dixon, Gescan, Osso, Sesco and Texcan. The existing MGM executive management team will remain with Tere McDonald as president  and Doug Chadwick as V.P. of sales. Ed Fukushima will become an external consultant providing continued leadership to the business.

Sonepar Canada has more than 1,800 dedicated employees in over 100 branches within seven operating companies; Century Vallen, Dixon, Gescan, Lumen, Osso, Sesco and Texcan.  The parent company is active in over 36 countries, with 36,000-plus associates and more than 2,200 branches. Details

Sponsored Recommendations