We are delighted to announce that we have entered into an agreement to acquire Quality Trading (1995) Co. “QT1995” from Distribution to Asia - D2A.
We are delighted to announce that we have entered into an agreement to acquire Quality Trading (1995) Co. “QT1995” from Distribution to Asia - D2A; which expands our coverage and strengthens our ability to provide excellent service and solutions to our customers. QT1995 today employs 100 associates and has reached annual sales above 26M euros in 2019.
Founded in 1995 in Bangkok under the name Quality Trading, the company started as a reseller servicing Panel builders and retail stores. In the year 2000’s Quality Trading diversified its operations by adding new products categories and expands both geographically and in its customer base targeting contractors for medium and large project businesses.
We would like to give a warm welcome to Thanakrit Sukdumrongpreecha, CEO, and to the 100 associates of QT1995 who are joining our Sonepar operations under the leadership of Surote Panasahatham, Thailand Country Manager.
About D2A Group
D2A is a B-to-B distribution affiliate of AIAC whose mission is to be a one-stop growth platform for customers and suppliers. Our name D2A stands for "Distribution to Asia" and emphasizes our focus on the Asian region, where we support manufacturers to expand their market reach and help customers to benefit from innovative products and efficient services.
About AIAC (American Industrial Acquisition Corporation)
American Industrial Acquisition Corporation and its subsidiaries and affiliates ("AIAC") is a privately held industrial investment portfolio with a long-term mission to build enduring businesses.
Established in 1996, AIAC portfolio consists of 78 manufacturing and distribution sites with over 8,500 employees in 24 countries in North America, Europe, and Asia. Total annual revenues exceed $1.6 billion.
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 47,000 associates, Sonepar had sales of €22.4 billion in 2018. Through a dense network of 170 operating companies spanning 44 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.