Sonepar enjoys another year of 10% growth in 2012

Sonepar SA reported a 10% increase in its global sales to €16.3 billion in 2012 (approximately $21.3 billion). 2012 was yet another busy year of acquisitions for the Paris-based company. Its biggest purchases were Grupo Rosa Leal in Brazil; Codale Electric Supply in the U.S.; DEP Engineering in Thailand; and Corys Electrical in New Zealand, which brought Sonepar an additional €500 million (approximately US $653.96 million). The Corys Electrical acquisition in New Zealand enlarged the group’s geographic footprint to a total of 36 countries. The company’s global sales are broken down regionally as follows: 33% Northern Europe; 35% North America; 25% Southern Europe; and 7% Asia-Pacific. Details