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France

Sonepar purchases a majority share in Alliantz

Alliantz is an important player in the French photovoltaic market and is known for its technical expertise dedicated to specialized installers of solar solutions in the residential and small commercial segment. 

Alliantz has reached a revenue of approximately €60 million in 2022, serving over 1,000 customers and employing 50 associates.

This acquisition will enable Sonepar France to build up a strong presence in the photovoltaic market, a strategic fast-growing vertical where Sonepar is already active in many countries. With the acquisition of Alliantz, Sonepar France aims rapidly leverage its distribution network and strengthen its technical capabilities to serve both electrical  and specialized solar installers.

B2B electrical supplies distribution marketplace

“We are delighted to announce that Alliantz is joining the Sonepar Group. As a well recognized specialist, our combined forces will be the first pillar to create a network fully dedicated to photovoltaic solutions and bring residential and commercial technical solutions to our customers. These technical capabilities, in addition to the deployment of a global omnichannel digital platform and the development of the first B2B electrical supplies distribution marketplace in France, will help position Sonepar as the preferred partner for our French customers,” stated Olivier Khaida, Managing Director of Sonepar France Specialists.

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“The combination of Alliantz’s 22 years of specialization in solar energy with Sonepar’s capabilities in supply chain and digital will enable Alliantz to pursue its expertise to become a recognized national specialist. Alliantz’s expertise and know-how will accelerate Sonepar’s position on the photovoltaic market in France ” added Anthony Neel, President of Alliantz according to a press release. (hcn)

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