Sonepar Acquires a Majority Share in Shanghai Dahua Network & Electric Technology in China-SONEPAR CHINA

Sonepar Acquires a Majority Share in Shanghai Dahua Network & Electric Technology in China

Sonepar is pleased to announce that Shanghai Dahua Network & Electric Technology Co., Ltd. ('Dahua') has joined the Sonepar Group.

Founded in 1989, Dahua is a well-recognized enterprise in the industrial automation distribution in China and has successfully built a solid position in Shanghai and South Jiangsu Area. With its 50 employees, the company achieved an annual turnover of €73 million in 2021. Dahua serves over 2,000 customers in a wide variety of industry segments, including textile, food packaging, printing, construction, chemical fiber and water supply equipment.

The acquisition of Dahua is a strategic addition to enrich our portfolio of distributed products, increase Sonepar’s business density in China and extend our engineering and operational capabilities. It is in line with the Group’s strategy to strengthen our addressable market in China in the field of industrial automation and smart manufacturing and provide more comprehensive services to customers.

On behalf of all associates of Sonepar in China, I would like to warmly welcome all Dahua associates to the Sonepar family.

George Ko

CEO Greater China

Sonepar

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