Sacchi continues to grow
Sacchi, a member of the Sonepar Group, took over the electrical wholesaler Demo Elettroforniture from Casale Monferrato on 7 May 2019. Demo has 35 branches, employs about 300 people and has an annual turnover of 118 m EUR.
With this recent acquisition, Sonepar's sales in Italy will increase to approx. 1,250 m EUR p.a.
Demo was until now connected to the Findea marketing association, which in turn belongs to the international IDEE-Group; this membership will now be terminated.
This take-over still needs to be approved by the relevant competition authorities.