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