Sonepar buys California-based Independent Electric Supply
IES holds specialty division houses such as Independent Power System and Independent Utility Supply
Philadelphia, Aug. 2, 2011 — Sonepar USA, a unit of the privately-held Sonepar Group, signed an agreement to acquire Independent Electric Supply, headquartered in San Carlos, Calif.
Founded in 1976, Independent Electric Supply is a $400 million electrical distributor operating out of 24 branches in the Northern California area, San Francisco Bay area, Central Valley, Central Coast and Southern California, including one location in Tempe, Ariz.
IES holds specialty division houses such as Independent Power System and Independent Utility Supply.
Sonepar USA is made up of locally managed electrical and industrial distributors. Headquartered in Philadelphia, Sonepar USA is a member of the Sonepar group, a global player in electrical equipment distribution. The Sonepar Group is present in 35 countries.