Billows Electric Supply Has Entered into an Agreement to Sell Company to Sonepar

24-7 Press Release Newswire
Friday, June 2, 2023 at 7:00am UTC

Sonepar is a family owned, global market leader in B-to-B distribution of electrical products and solutions.

DELRAN, NJ, June 02, 2023 /24-7PressRelease/ -- Billows Electric Supply, a well-known and longtime supplier of electrical products and services to electrical contractors within the Philadelphia, South Jersey, and Wilmington metropolitan market, has entered into an agreement to become a part of Cooper Electric, a subsidiary of Sonepar USA. Billows will continue to operate under the Billows name.

Billows was founded in 1950 by Simon and Lillian Billow who set out to help support their extended family during challenging times. After several years working for other hardware and electrical products companies around Philadelphia, Simon borrowed $2,300 from a family member and opened Billows Electric Supply. Over 73 years, the company grew to 19 branch locations and 285 employees and became one of the most highly reputable electrical products distributors in the area.

A consistently family owned and operated business, Jeff Billow, Owner and Chief Executive Officer said: "We have been humbled over the past 73 years by our staff, many of which have made a lifetime commitment to the success of this company. We are indebted to their contribution and commitment over the years as well as our customers and vendors. Our family is extremely proud of what we have accomplished together. We had several choices of partners to consider but felt that Sonepar was unequivocally the best fit. They will bring best-in-class technology and distribution expertise to our business."

As a very recognizable and highly reputable name in this geography, Rob Taylor, Sonepar's President of North America commented: "Billows Electric Supply is a fantastic addition to the Sonepar family. The Billows team is recognized for their deep expertise in the industry and our cultures are very aligned. This acquisition offers us the opportunity to increase our coverage and density within the important markets in which Billows operates and help take their great customer service to the next level."

About Sonepar
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 80 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 44,000 associates, Sonepar had sales of $33.1 billion in 2022.* For more information, visit www.sonepar.com.
*Figure converted to dollars from €31.416B at 1.054 USD/EUR average rate.

About Cooper Electric
Cooper Electric is a full-service electrical distributor, serving many different segments including electrical contractors, industrials, OEM, utilities, residential, and solar servicing the New Jersey, New York, and Pennsylvania markets through their 1,000 associates across 55 locations. Cooper Electric recently opened a state of the art, automated 600,000 sq. ft. central distribution center in Cranbury, NJ.

Read the full story here: https://www.24-7pressrelease.com/press-release/501516/billows-electric-supply-has-entered-into-an-agreement-to-sell-company-to-sonepar

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