Latest from Mag

Plenty of executive appointments over the past two weeks. Here’s Electrical Marketing’s expanded coverage of personnel changes in the electrical market.
Dec. 21, 2012
Wire man John Pasqual and lighting rep Jack Melnick
Dec. 21, 2012
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Electrical product prices remained on their flat trend, showing no change from October and little change in almost all major product categories.
Dec. 21, 2012
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Privately-owned housing starts in November were at a seasonally adjusted annual rate of 861,000, 3% below the revised October estimate, but 21.6% above the Nov. 2011 rate.
Dec. 21, 2012
Dec. 21, 2012
Veteran reps form new agency in Raleigh; WinWholesale buys Lloyd Graves in Texas; United Electric Supply expands through acquisition; and more.
Dec. 21, 2012
W.W. Grainger Inc., Lake Forest, Ill., announced plans to purchase Techni-Tool Inc., Worcester, Pa., a 200-plus employee distributor supplying customers in the cable television...
Dec. 21, 2012
Kaman Industrial Technologies (KIT), the industrial distribution business Kaman Corp., Bloomfield, Conn., has built up in recent acquisitions of Minarik, Zeller Electric and others...
Dec. 21, 2012
New York Mayor Michael Bloomberg offered an update on the city’s plans to renovate its infrastructure to withstand future storms.
Dec. 7, 2012

Sonepar Expansion Surge Hits Spain

Spanish distributor AME Material Electrico S.A joined Sonepar Iberica last month.
Oct. 5, 2012

Spanish distributor AME Material Electrico S.A joined Sonepar Iberica last month, according to a press release on Sonepar SA’s website. The release said AME Material Electrico has 14 branches in the Valencia region, 250 associates and 2011 revenues of €68 million (approximately $88.37 million).

The company was formed through the merger in 2000 of Comercial Antonio Chust, founded in 1925, Suministros Electricos Ferrer SA, Electrododura and Codime. It’s a full-line distributor of electrical equipment and reportedly has a strong position in the industrial market and a modern, automated central warehouse in Valencia. Anton Chust, one of the founders and currently the company’s managing director, will stay with the distributor.

AME joins a host of recent headline acquisitions including Codale Electric Supply in Utah, Dixon Electric and SESCO/QUESCO in Ontario, Independent Electrical Distributors and One Source Distributors in California and Rosa Leal in Brazil.