15 Jan Management buyout of Sentor Electrical
Deal Announcement: For Immediate Release
Management buyout of Sentor Electrical
Management team, led by Lee Robinson, CEO, announces the buyout of Sentor Electrical, critical supplier to multi-national MEP contractors and a leading regional electrical distributor
Dubai, UAE 13 January 2023: The Management team of Dubai based Sentor Electrical (“Sentor”), led by Lee Robinson, the new CEO, today announced that deal terms for the Management Buyout of Sentor have been agreed. The transaction will be completed early in 2023.
Sentor is a leading electrical distributor to MEP contractors across the Gulf region with offices in Dubai, Abu Dhabi, Oman and Qatar. Founded in 2000, Sentor has over 20 years of experience operating in the Middle East, supplying critical electrical products to key infrastructure projects including Dubai Airport, Museum of the Future in Dubai, Al Thumama football stadium in Qatar and the Louvre Museum in Abu Dhabi. In 2009, Sentor became an associate of Edmundson Electrical (“Edmundson”), the largest electrical distributor in the UK.
Sentor has since built a reputation as a long-term, trusted regional supplier and distributor of high-quality electrical products from the world’s leading manufacturers. Lee Robinson, CEO, Sentor has been with Sentor since 2010 and prior to that spent ten years working with Edmundson in the UK. Lee said: “I am delighted to have reached this important milestone in the transaction. My team and I look forward to continuing the exciting growth trajectory of Sentor and working alongside our key suppliers and partners as we expand our regional coverage. We will continue to build on the excellent platform created with Edmundson over the past 14 years and I would like to thank their management team for all their support. This is an extremely exciting time for both the region, and the Company, and we are excited to work hand-in-hand with our suppliers, clients and partners as we take advantage of the myriad pipeline of regional infrastructure projects we are seeing.”
Mark Felber, Managing Director of Edmundson said: “We are pleased to have reached this agreement with Lee and his team, and we are excited to watch the Company continue to grow under its new ownership. We are proud of what we have built during the last 14 years and Sentor has, and will continue to be, a critical supplier on high profile projects across the region. We expect Sentor to remain Edmundson’s main business partner in the Gulf region. We wish Lee and his team all the best going forward as they capitalise on these regional opportunities.
At the same time, Gary Hipperson, after 12 years as CEO of Sentor, has decided to return to the UK. Both Sentor and Edmundson would like to thank Gary for his work and contribution to the growth of the business over his 26 year career in Sentor and Edmundson.”
Lumina Capital Advisers is acting as lead financial adviser to Sentor and its shareholders on this transaction.
For further information regarding Sentor please visit its website www.sentorelectrical.com