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Distributor Acquisitions Dominate Industry Headlines In 2007

By: Jim Lucy, EW

With more than 30 distributor deals, and 19 manufacturer acqusitions, EM’s editors had plenty to write about in 2007. Here are our picks for the most interesting news stories of 2007.

Rexel, Sonepar and Consolidated Electrical Distributors (CED) lead another busy year for distributor acquisitions. The largest deal of them all was Rexel’s $4.5 billion buyout of its global rival Hagemeyer, and its subsequent sale of Hagemeyer’s U.S. operations to Sonepar, another global competitor. After the dust cleared, Rexel had added locations throughout Europe, gained an estimated $5.2 billion in sales, and solidified its position as the world’s largest distributor. Sonepar gained more than $500 million in sales and strengthened its coverage in the eastern United States with locations in the Carolinas, where it had wanted to grow, and in Maryland, West Virginia, and western Pennsylvania. The purchase also bolstered Sonepar’s industrial business.

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Industry Calendar

Jan. 21-24, 2009
NAED Western Region Conference:
Palm Desert, Calif.; National Association of Electrical Distributors (NAED),
(314) 991-9000,
www.naed.org

Feb. 25-28, 2009
NAED South-Central Region Conference:
Orlando, Fla.; NAED,
(314) 991-9000,
www.naed.org

March 10-14
Electronic House Expo Spring 2009:
Orlando, Fla.; EH Publishing,
508-663-1500,
www.naed.org

March 17-20
Electric West Conference:
Las Vegas, Penton Media Exhibitions,
203-358-3704,
www.electricshow.com

March 18-21
NEMRA Annual Conference:
Orlando, Fla.; National Electrical Manufacturers Representatives Association,
800-446-3672,
www.nemra.org

April 19-23
NAILD Convention:
Scottsdale, Ariz.; National Association of Independent Lighting Distributors (NAILD),
716-875-3670,
www.naild.org

April 20-23
A-D Electrical Supply Division Network Meeting:
Houston; Affiliated Distributors (A-D),
610-977-3100,
www.mya-d.net

April 29-May 1
2009 Equity/EDN Annual Meeting:
Dallas; Equity/EDN Electrical Associates;
800-373-1894,
www.equityedn.org

May 3-4
Lightfair International: New York; AMC Inc.;
204-220-2004, www.lightfair.com

May 4-7
Windpower 2009 Chicago: American Wind Energy Association (AWEA);
202-383-2512

May 16-20
NAED National Electrical Leadership Summit: Fort Lauderdale, Fla.; NAED;
888-791-2512; www.naed.org

June 28-July 1
Women in Industry Forum: Santa Fe, N.M.; NAED;
888-791-2512; www.naed.org

July 30-August 1
NAED LEAD Conference: Orlando, Fla.; NAED;
888-791-2512; www.naed.org

 
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