Statement: Conflict Minerals

Date of Post
Wednesday, Oct 12
Category
Newsroom

As a member of the United Nations Global Compact, Sonepar is deeply committed to responsible sourcing: it condemns violence and human rights violations in the mining of conflict minerals.

 Sonepar does not purchase raw materials as it does not manufacture any products. Yet, as the world leader in the B-to-B distribution of electrical products and related solutions and services, Sonepar is an influential player throughout its value chain.

As such, the Group expects its suppliers to:

  • comply with the requirements of its Supplier Code of Conduct.
  • source materials from conflict-free sources.
  • comply with applicable laws and regulations.
  • conduct relevant due diligence.

“Together, let’s contribute to sustainable development and responsible sourcing!”

Download Our Conflict Minerals Policy

Sonepar Divests Vallen Asia

Sonepar Divests Vallen Asia

Sonepar announces the sale of Vallen Asia, in the form of a Management Buy Out (MBO), to the Vallen Asia leadership team, consistent with the Group’s strategic decision to focus on its core business and ensure management continuity to the organization.

In 2023, Vallen Asia had revenues of around €90 million and employed 244 associates across Singapore, Thailand, Malaysia and China. Vallen Asia joined the Sonepar Group as part of the Hagemeyer acquisition in 2008. Since that time, Vallen Asia has continued to develop as the market leader in ‘Integrated Supply’ across Asia.

The transaction closed on December 13th, at which time Vallen Asia is deconsolidated from the Sonepar Group. However, in order to support the Vallen Asia team, Sonepar will remain as a committed minority shareholder for the next 5 years.

Sonepar at a Glance: Check Out the 2024 Panorama

Sonepar at a Glance: Check Out the 2024 Panorama

Sonepar’s 2024 Panorama presents the annual, global overview of our activities, key figures, as well as editorials from Sonepar Chairman Marie-Christine Coisne-Roquette and CEO Philippe Delpech. Sonepar is an independent family-owned company standing as the world...

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