Sonepar Canada, Mississaauga, Ontario, has purchased all the assets of SESCO/QUESCO, one of several Canadian divisions of HD Supply that sells electrical supplies. The transaction was scheduled to close by the end of February. SESCO/QUESCO currently employs over 70 associates and has five branches in the Toronto metropolitan area. HD Supply Canada acquired the company in Jan. 2006.
In a press release announcing the acquisition, Keith Moss, president and CEO of Sonepar Canada, said, “This strategic acquisition supports our goals to grow our business in Ontario and strengthen our place in the Canadian electrical wholesale market. Our expanded coverage in Ontario, particularly in and around Toronto, will allow us to better serve both our existing and future customers.”
Sonepar Canada has more than 1,500 employees in 90 branches within six operating companies: Century Vallen, Gescan BC, Gescan Prairies, Lumen, Osso Electric and Texcan. SESCO/QUESCO will join Sonepar Canada's Ontario division, which consists of Osso Electric, Gescan and Texcan.
HD Supply Canada is one of 10 lines of business of the Atlanta-based HD Supply, which has approximately 765 locations in North America, according to the press release announcing the divestiture of the SESCO/QUESCO business.
