The Paris-based electrical products distribution giant detailed its U.S. network figures as of the end of 2023.
Paris, France-based electrical supplies distribution giant Sonepar detailed key 2023 financial and footprint figures in a March 12 news release, led by its $36.3 billion USD in annual global sales, including $13 billion in U.S. sales.
The company noted it completed 13 acquisitions during the year — mainly in the U.S. — representing 1,143 added associates. These acquisitions generate approximately $1.09 billion in combined annual sales.
Other key details Sonepar shared:
- The company’s omnichannel platform achieved over $1.09 billion in sales and is now live in six countries
- The company achieved $12 billion in online sales
- Sonepar completed 10 automation projects in distribution centers around the world
- The company’s ‘Green Offer’ — branded as the industry’s first indicator to compare environmental performance at the product level — is now live in six countries
- Sonepar achieved $2.18B in sales of renewable energy-related products and was awarded a bronze rating in sustainability by EcoVadis, placing it in the top 15% of wholesale machinery and equipment providers.
2023 Sonepar Global Network Figures:
- 40 countries served
- 45,000 associates
- 85% engagement rate
- 80 brands
- 180 distribution centers
- 2,400 branches
2023 Sonepar U.S. Network Figures:
- 50 states served
- 491 branches
- 38 central and regional distribution centers
- 202,000 customers
- 11,000 associates
“2023 could be summarized in two words: stability and agility,” Sonepar CEO Phillippe Delpech said in a news release. “We continued the deployment of our strategy, and, against a backdrop of economic slowdown, our teams have demonstrated exceptional adaptability to deliver remarkable performance. We delivered our best year ever in terms of sales, and one of the milestones of 2023 was undoubtedly the declaration of our purpose reflecting our CSR commitments and unifying the Group for the decades to come.”
Sonepar’s North America operations ranked No. 2 on MDM’s 2023 List of Top Electrical, Data & Security Distributors.
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Mike Hockett
Mike Hockett is MDM’s executive editor, having joined the publication in March 2022. He oversees MDM’s editorial content and direction, coordinates with contributing authors, conducts interviews with executives in the wholesale distribution space and serves as the editorial face of MDM at industry events. He has extensively covered the distribution and manufacturing sectors since 2014. Hockett works from his home in Madison, WI. He can be contacted at mike@mdm.com.
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