With a history of almost 17 years in the market, the company has 3 locations in Shanghai and it is the key distributor of Schneider Electric power distribution products in Shanghai region.
Huge Electric is now operating under the "Hagemeyer China" name as its Shanghai Sales Branch. The company remains focused on the Shanghai Panel Builder market under leadership of the previous General Manager and Shareholder Mr. Lu Zhiping.
With this acquisition, Hagemeyer China is now the key partner of Schneider Electric in the Shanghai Power Distribution market, with a sizable market share across East China.
The acquisition of Huge Electric is definitely a significant step forward for Sonepar to establish a market leadership in East China.
