May 29, 2025

For U.S. distributors, this about-face is more than a legal technicality—it’s a major disruption to strategic plans that were already in motion.

Despite its longstanding presence and industry reputation, TransAxle was unable to secure a buyer to continue its operations.

The leadership changes also include the departure of George McClean, former president of Sonepar Canada, who is leaving the company to pursue other opportunities.