Cebeo, a Sonepar company in Belgium, will take over the distribution activity of Elektro Groothandel Meetjesland (EGM) as of April 1, 2020.
Sonepar is pleased to announce that Cebeo, a Sonepar company in Belgium, will take over the distribution activity of Elektro Groothandel Meetjesland (EGM) as of April 1, 2020. With this acquisition, we will further expand Cebeo's network of 54 branches with a branch in Eeklo.
Elektro Groothandel Meetjesland (EGM) is a professionally managed business with annual sales of 3.4 million euros.
This asset transaction is in line with Sonepar Belgium's and Cebeo's growth strategy and will further strengthen our market position.
Sonepar is an independent family-owned company with global market leadership in B-to-B distribution of electrical products, solutions and related services. Assisting customers in a wide range of markets and drawing on the skill and passion of its 48,000 associates, Sonepar has sales of €24 billion. Through a dense network of 145 operating companies spanning 48 countries and 5 continents, and the digital solutions developed, the Sonepar Group delivers greater service and enhanced customer relations every day. Sonepar’s ambition is to become “La Référence” - the standard-setter for all its stakeholders.