Sonepar Expansion Surge Hits Spain

Oct. 5, 2012
Spanish distributor AME Material Electrico S.A joined Sonepar Iberica last month.

Spanish distributor AME Material Electrico S.A joined Sonepar Iberica last month, according to a press release on Sonepar SA’s website. The release said AME Material Electrico has 14 branches in the Valencia region, 250 associates and 2011 revenues of €68 million (approximately $88.37 million).

The company was formed through the merger in 2000 of Comercial Antonio Chust, founded in 1925, Suministros Electricos Ferrer SA, Electrododura and Codime. It’s a full-line distributor of electrical equipment and reportedly has a strong position in the industrial market and a modern, automated central warehouse in Valencia. Anton Chust, one of the founders and currently the company’s managing director, will stay with the distributor.

AME joins a host of recent headline acquisitions including Codale Electric Supply in Utah, Dixon Electric and SESCO/QUESCO in Ontario, Independent Electrical Distributors and One Source Distributors in California and Rosa Leal in Brazil.