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Sonepar Buys Independent Electric Supply to Anchor Expansion Efforts in California
In one of its largest acquisitions in recent years, Sonepar USA, Philadelphia, has acquired Independent Electric Supply (IES), San Carlos, Calif. The deal gives Sonepar a solid footprint in California, one of the few major markets in the United States in which it did not have a major presence.
Founded in 1976 as a 10-employee distributorship to serve electrical contractors in the aerospace industry, Independent Electric Supply has 24 branches in the Northern California, the San Francisco Bay area, the Golden State’s Central Valley, Central Coast, Southern California, and in Tempe, Ariz. IES also operates two specialty division houses: Independent Power System (IPS) and Independent Utility Supply (IUS). The company will continue to operate under the leadership of Ron Snow, CEO, and Tom Massip, president.
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Electrical Marketing's LiveWire brings you breaking news, on-the-fly analysis and running commentary about the electrical products marketing channel from the editors of Electrical Marketing.
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