# Würth Electrical Wholesale Group acquires majority stake in IDG01 S.p.A.

Würth Electrical Wholesale Group agreed to acquire a majority interest in IDG01 S.p.A., an electrical wholesaler in Piedmont, Italy, to expand its presence in northwestern Italy. The transaction is subject to antitrust approval.

- Type: Acquisition
- Announced: 2024-01-18
- Where: Turin, Piedmont, Italy
- Status: announced
- Products: electrical wholesale
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Würth Electrical Wholesale](https://endata.com/companies/39952.md) (acquirer)
- [IDG01 S.p.A.](https://endata.com/companies/75106.md) (target)

## Sources

- [news.wuerth.com](https://news.wuerth.com/wuerth-electrical-wholesale-group-expands-into-western-italy-via-strategic-partnership-with-idg01/), 2024-01-18: "The Würth Electrical Wholesale Group (W.EG) expands its presence in Italy by agreeing on a strategic partnership with IDG01 S.p.A., the leading electrical wholesaler in Piedmont, headquartered in Turin."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.