Sonepar’s U.S. subsidiary World Electric has agreed to acquire Advance Electrical in Atlanta, Ga., according to a report from TED Magazine.
“With the acquisition of Advance Electrical, World Electric will greatly increase their current operations within in the Atlanta market, which is experiencing tremendous growth,” said Rob Taylor, President of Sonepar North America. “This is a great opportunity to connect geographies and expertise and expand the level of services and capabilities for customers.”
Advance Electrical’s strong customer relationships, project management and lighting expertise will complement World Electric’s inventory offerings, logistics and service levels.
The acquisition is scheduled to close by the end of September.