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Thunder Bay company acquired

Sonepar Canada of Toronto has acquired MGM Electric, a full-line electrical distributor in Thunder Bay that has served northwestern Ontario for more than 25 years.

Sonepar Canada of Toronto has acquired MGM Electric, a full-line electrical distributor in Thunder Bay that has served northwestern Ontario for more than 25 years.

“MGM Electric is a great addition to our Northern Ontario footprint outlining many synergies with our current businesses,” said Francois Anquetil, Sonepar Canada president and managing director in an April 2 release.

The existing MGM executive management team will remain, with Tere McDonald as president and Doug Chadwick as vice-president of sales. Ed Fukushima will become an external consultant.