Sonepar has announced that its US subsidiary Codale Electric acquired NEDCO Supply last week.
A privately-owned business since 1982, NEDCO Supply is a full-line distributor of electrical products and services to its residential and commercial customers. Operating throughout southern Nevada, NEDCO Supply is based in Las Vegas, Nevada and has over 100 associates. NEDCO is expected to record sales revenue in excess of $180 million for 2022.
“NEDCO Supply will strengthen Codale’s position in southern Nevada, increasing its coverage in an area experiencing great growth,” said Rob Taylor, President of Sonepar North America. “As a leader in electrical distribution among contractors in the Las Vegas market, NEDCO Supply is a perfect complement to Codale’s industrial customer base. The leadership and associates of NEDCO will align very well to the customer-centric culture of Codale.”
NEDCO Supply owners, Marshall Hunt, Principal, and Marc Winard, Principal, said in a joint statement, “After 40 years serving the Las Vegas electrical market, we’re very thankful to all our customers, employees, and vendor partners for supporting us through the years. We are excited to join the Sonepar family of companies. We feel this opportunity secures the future for our employees and enables our team to sustain the high level of customer service we’ve been known for. When it came time to sell, Sonepar was our first choice. Marshall and I look forward to continuing our careers under the Sonepar banner.”
Founded in 1975, Codale is a customer centric electrical product and solutions provider serving the Nevada, Utah, Idaho and Wyoming markets. Codale is headquartered in Salt Lake City, Utah, and empowers customers with wide-ranging inventory, sustainable products, safety equipment, and solutions for a variety of industries from healthcare to government agencies.
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 100 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 €26.4 billion in 2021. For more information, visit www.sonepar.com.
Sonepar entered the US in 1998 and has continued to grow due to strategic acquisitions and organic growth. Today, Sonepar serves the market through a network of companies with over 400 locations nationwide. For more information, visit www.soneparusa.com.
Matt Pothecary, Chief Communications Officer and Sustainability
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