BREAKING NEWS! Sonepar USA acquires SoCal's OneSource
Sonepar USA, Philadelphia, announced today that OneSource Distributors, Oceanside, Calif., has signed an agreement to join the Sonepar group.
Dave Gabriel, CEO of Sonepar USA, said, “We are delighted to have OneSource Distributors as part of the Sonepar USA team. OneSource is a terrific company that shares our values and passion for a customer focused, value-driven organization with an excellent management team and proven track record for performance in the market. This partnership further enhances our growth in the California market and truly makes us a leader in that region. Bob Zamarripa and his team at OneSource have made a long term commitment to the organization both in their ongoing leadership roles, as well as their continued investment in the company.”
Founded in 1983 as a single location, OneSource has grown to a company with 13 locations and more than 300 employees. OneSource Chairman, co-founder and CEO Bob Zamarripa said, “We are thrilled to be part of the Sonepar USA team. Our cultures align incredibly well, and I believe we will accelerate our growth, offer more value to our customers and further increase the career opportunities for our people.”
This is Sonepar's second blockbuster acquisition of a Top 200 California distributor this year. The company previously acquired Independent Electric Supply, San Carlos, Calif., and now has a solid presence in both the San Francisco Bay Area and Southern California.
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Jim Lucy Blog
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Jim Lucy has been wandering through the electrical market for more than 30 years, most of the time as an editor for Electrical Wholesaling, Electrical Marketing newsletter and CEE News. During that time he and the editorial team for the publications have won numerous national awards for their coverage of the electrical business. He showed an early interest in electricity, when as a youth he had an idea for a hot dog cooker. Unfortunately, the first crude prototype malfunctioned and the arc nearly blew him out of his parents' basement. Before becoming an editor for Electrical Wholesaling magazine and Electrical Marketing, he earned a BA degree in journalism and a MA in communications from Glassboro State College, Glassboro, NJ., which is formerly best known as the site of the 1967 summit meeting between President Lyndon Johnson and Russian Premier Aleksei Nikolayevich Kosygin, and now best known as the New Jersey state college that changed its name in 1992 to Rowan University because of a generous $100 million donation by N.J. zillionaire industrialist Henry Rowan. Jim is a Brooklyn-born Jersey Guy happily transplanted in the fertile plains of Kansas for the past 20 years.