What Covama Electric does

Covama Electric is a Spanish B2B electrical products and solutions distributor operating within Grupo Sonepar, a globally leading independent family-owned B2B electrical distribution group. The company delivers products and technical services to industrial, residential, and tertiary-sector customers across Spain through a network of 135 physical points of sale organized into six geographic zones (Noroeste, Norte, Centro Sur, Noreste, Este, and Islas), supported by regional services centers in A Coruña, Burgos, Barcelona, Palma de Mallorca, and Las Palmas, and logistics centers in Valencia and Sagunto. Its 2024 sales reached €885M with over 2,200 collaborators, and it operates from a newly inaugurated central headquarters in Leganés, Madrid.

The product portfolio spans ten core categories — cable, power distribution, industrial automation, building automation, lighting (including project lighting), HVAC, renewable energy, electric vehicle, security and tools — supplemented by digital services including a WebShop (new.sonepar.es), the App Sonepar mobile application, S2S (System-to-System) integration tools for enterprise procurement workflows, and Plan financia customer financing. Technical specialists provide field-based project consultation, particularly for automation, digitalization, control, and Industry 4.0 use cases, and the company holds ISO 9001 quality and environment certification.

Revenue is generated primarily through B2B transaction-based distribution at quote-based pricing, with monetization distributed across SMB installers and contractors (residential) and enterprise customers (industrial and tertiary/commercial). In 2026 the company joined Spain DC (Spanish Data Center Association), formalizing its positioning as a supplier into Spanish data center electrical infrastructure projects. The go-to-market combines physical branch retail, field sales, e-commerce, and system-to-system integrations to serve the full electrical lifecycle from cable through EV charging.

Name

Covama Electric

Website

https://covama.es

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Short description

Covama Electric (Sonepar España) is a B2B electrical products distributor serving industrial, residential, and tertiary customers across Spain via 135 points of sale, with €885M in 2024 sales and a portfolio spanning cable, automation, lighting, HVAC, renewables, and EV.

Ownership category

akta.pro rank

Headquarters

HQ city

Pinto

HQ country

Spain

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. B2B Electrical Product Distribution: Revenue generated through distribution of electrical products, solutions, and related services to professional customers in industrial, residential, and tertiary sectors. Sales reached 885 million euros in 2024.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Covama Electric is an electrical and logistics warehouse company that distributes electrical products, solutions, and related services to professional B2B customers across industrial, residential, and tertiary sectors. Its core offering spans ten product categories (cable, power distribution, industrial automation, building automation, lighting, HVAC, renewable energy, electric vehicle, security and tools) delivered through 135 physical points of sale, a WebShop, mobile app, and S2S system integrations, supported by a financing plan called Plan financia.

Product overview

Covama Electric operates as a B2B electrical products distributor offering a comprehensive portfolio organized into ten core product categories: Cable, Power Distribution, Industrial Automation, Building Automation, Lighting (including project lighting), HVAC, Renewable Energy, Electric Vehicle products, and Security & Tools. The company supplements its product range with digital services including WebShop (online store), a mobile app, SysToSys (S2S) system integration tools, and financing plans under Plan financia. The offering combines physical product distribution with omnichannel digital capabilities serving residential, industrial, and tertiary/commercial sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Cable Electrical cable products for various applications in residential, industrial, and commercial sectors, distributed to B2B professional customers.
• Distribución Potencia (Power Distribution) Power distribution products and solutions for electrical infrastructure serving B2B professional customers in industrial, residential, and tertiary sectors.
• Automatización Industrial (Industrial Automation) Industrial automation solutions for manufacturing and industrial processes, including control and Industry 4.0 solutions, for B2B industrial customers.
• Automatización Edificios (Building Automation) Building automation solutions for commercial and residential buildings, supporting energy efficiency and integrated building systems for B2B customers.
• Iluminación (Lighting) Lighting products for various sectors, distributed to B2B professional customers.
• Iluminación-Proyectos (Lighting Projects) Specialized lighting solutions for construction and renovation projects, addressing project-specific lighting needs for B2B customers.
• Calefacción, ventilación y Aire acondicionado (HVAC) HVAC (Heating, Ventilation, and Air Conditioning) products and solutions distributed to B2B professional customers for residential, industrial, and commercial applications.
• Energías Renovables (Renewable Energy) Renewable energy products and solutions for sustainable power generation, targeting B2B customers in the renewable energy sector.
• Vehículo Eléctrico (Electric Vehicle) Electric vehicle products, charging solutions, and related infrastructure distributed to B2B professional customers.
• Seguridad y Herramientas (Security and Tools) Security systems, tools, and energy supply products distributed to B2B professional customers across sectors.
• WebShop (Tienda web) Online e-commerce platform providing an omnichannel experience for B2B customers to browse and purchase electrical products digitally.
• App Sonepar Mobile application offering the company's omnichannel digital experience for B2B customers.
• Herramientas SysToSys (S2S) System-to-system integration tools enabling automated B2B connectivity between Sonepar systems and customer/supplier enterprise systems.
• Plan financia Financing solution for B2B customers to support their purchases and projects, providing flexible payment terms for electrical product procurement.
• Catálogo Sonepar Comprehensive product catalog accessible through the Digital Solutions Portal, providing B2B customers with the full range of electrical products and solutions.

Quantifiable outcome

• 885 million euros in 2024 sales
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Spain DC (Spanish Data Center Association)coreStrategic or Co-development Partner · 2 July 2026Sonepar España became an associate member of Spain DC, the association bringing together main data center sector actors in Spain. This membership reinforces commitment to developing more efficient, sustainable, and innovative digital infrastructure, at a key moment for market growth. Being part of Spain DC allows integration into the data center ecosystem and positioning as a key supplier for data center electrical infrastructure projects.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Regional players

• Edmundson Electrical: Edmundson Electrical is one of the UK's largest independent electrical wholesalers with over 250 branches, structurally similar to Covama's branch model but operating in a different geography and competing for UK rather than Spanish installer customers.
• CEF (City Electrical Factors): CEF is the UK's largest B2B electrical products retailer/distributor serving electrical contractors from a national branch network, comparable in operating model but operating in a different geography (UK) rather than competing directly with Covama in Spain.
• YESSS Electrical: YESSS Electrical is a European B2B electrical distributor operating across multiple countries with a branch-based model targeting installers; comparable in product mix and customer base but serving different national markets than Spain.

Others

• IMCD: IMCD is a global B2B specialty chemicals and ingredients distributor; while not a direct electrical peer, it is a thematically comparable high-touch B2B distribution specialist with similar technical sales and supplier-relationship economics that inform distribution multiples.

Direct peers

• Würth Group: Würth is a Germany-based global B2B distributor of trade and industrial supplies including electrical installation materials, with a comparable branch-heavy sales model serving professional tradespeople and a similar direct-to-customer distribution approach.
• Rexel: Rexel is a France-headquartered global B2B distributor of electrical, lighting, security and energy management products, with a directly comparable product catalog, professional installer customer base and omnichannel model — making it the closest international comparable to Covama Electric.
• WESCO International: WESCO International is a US-listed global B2B distributor of electrical, communications and utility products with comparable EHS, construction and industrial customer segments; the Anixter and Utility businesses give it direct overlap with Covama's portfolio categories.
• Grupo Elektra: Grupo Elektra is an Iberian B2B electrical materials distributor with a multi-branch network across Spain and Portugal, directly competing for the same installer and contractor customers and offering overlapping cable, lighting and automation categories.
• Graybar: Graybar is a large US employee-owned B2B distributor of electrical, lighting and communications products with a branch network serving contractors, industrial and commercial customers — a closely analogous operating model to Covama's branch-led B2B distribution.

Broad incumbents

• Sonepar Group: Sonepar Group is Covama's parent and the world's largest B2B electrical distributor operating in 40 countries; it is a broad incumbent peer because it sits above Covama in the corporate hierarchy and operates a wider global portfolio rather than a Spanish-only niche.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CovamaElectrica
• Facebookfacebook.com/covamaelectrica

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Covama Electric