Sonepar Adds 36 Branch Locations in New Zealand with Purchase of Corys Electrical

Fletcher Building Limited, a diverse publicly owned construction company based in Auckland, New Zealand, has entered into a conditional agreement to sell its electrical products distribution business Corys Electrical to Sonepar SA.

Corys Electrical was acquired by Fletcher Building as part its Crane Group acquisition in 2011. The price for the transaction is approximately US $71.4 million. Corys Electrical has sold electrical supplies in New Zealand since the 1920s and according to it

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.

Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.