Sonepar at a Glance: Check Out the 2024 Panorama

Date of Post
Monday, Mar 25
Category
Newsroom

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 leader in B-to-B distribution of electrical equipment, solutions, and services. The Group is leading an ambitious transformation to make our customers’ lives easier, providing them with an omnichannel experience and sustainable solutions. Our 45,000 associates are all driven by a shared Purpose: Powering Progress for Future Generations.

Discover Sonepar at a glance, its activities, key figures, worldwide presence and strategic plan.

Click to Download Panorama 2024

About Sonepar

Sonepar is an independent family-owned company with global market leadership in B-to-B distribution of electrical products, solutions, and related services. Through a dense network of 80 brands spanning 40 countries, the Group has an ambitious transformation agenda to become the first global B-to-B electrical distributor to provide a fully digitalized and synchronized omnichannel experience to all customers. Drawing on the skill and passion of its 45,000 associates, Sonepar had sales of €33.3 billion in 2023. Sonepar makes its customers’ lives easier, over the counter, visiting customers, by phone or online, – however we’re needed. www.sonepar.com

 

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 Announces Record 2022 Results

Sonepar Announces Record 2022 Results

2022 will be remembered as the best year in Sonepar’s history. We delivered best-in-class performance in our industry. The Group broke a new record with sales of 32.4 billion euros, +28% compared to 2021, and 18.5% autonomous growth. Sonepar won market share in most...

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