As we have reported on several occasions, Quimper AB has made a takeover bid to the Ahlsell shareholders, ...

As we have reported on several occasions, Quimper AB has made a takeover bid to the Ahlsell shareholders, which has been accepted. Quimper now holds approximately 92.4% of the total number of shares and requests an extraordinary general meeting on March 25 where amongst other things a new board should be appointed. (As CVC Funds is indirectly involved in Quimper, it is expected that a representative of CVC will be represented on the board).

It was also decided to request a de-listing and the compulsory redemption of the outstanding shares.

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17
Feb

Rexel (USA) has appointed Victoria Roberts as Head of Marketing for Gexpro and Rexel branches for the Gulf Central Region (AR, LA, OK, TX). Roberts is new to the electrical wholesaling industry, having previously been primarily at home in the aviation industry!

Rexel (USA) has appointed Victoria Roberts as Head of Marketing for Gexpro and Rexel branches for the Gulf Central Region (AR, LA, OK, TX). Roberts is new to the electrical wholesaling industry, having previously been primarily at home in the aviation industry!

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Legrand achieved sales of 5,997.2 m EUR in 2018, an increase of 8.6% compared to the previous year.

Legrand achieved sales of 5,997.2 m EUR in 2018, an increase of 8.6% compared to the previous year.

The operating result amounted to 1,139.0 m EUR; here an increase of 11.1%. Net profit increased by 8.5% to 771.7 m EUR; so an overall very good financial year for Legrand.

In France, sales increased by 1.1% in 2018 compared to the previous year, in Italy it was 6.2%, with particularly strong rises in Eastern-/ Southern Europe, Germany and the Netherlands. In North and Central America, the plus was 4.2% and in the Rest of the World 4.9%.

For 2030, Legrand has set themselves extraordinary goals: They would like to achieve 80% of Group sales with sustainable products, increase the proportion of women in management to 1/3 and reduce CO² emissions by 30%. An ambitious goal - good luck.

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15
Feb

Somewhat surprisingly, Bernd Späth resigned as sales manager at the Fränkische Rohrwerke Kirchner in Königsberg.

Somewhat surprisingly, Bernd Späth resigned as sales manager at the Fränkische Rohrwerke Kirchner in Königsberg.

His successor in the electrical division is Thomas Hofmann. Hofmann had been with Hagemeyer for 2 years, before that he worked for Lapp-Kabel.

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For our new electrical wholesaler survey, we have held many discussions and studied documents...

For our new electrical wholesaler survey, we have held many discussions and studied documents and below we give you our assessment of the market:

In Germany, the market leader is Sonepar (turnover approx. 2.8 bn EUR), followed by Mitegro with its heavyweights such as Famo, Gautzsch and Zander to name just a few. No. 3 is Fegime with the EGU, Hillmann & Ploog, Schmidt Group, again only a few from the large number of good middle-sized electrical wholesalers.

In Denmark, Solar A / S is number 1, followed by Lemvigh-Müller (part of the Idee- marketing group), at No. 3 is A & O Johansen (part of Fegime since 1.1.2018).

In Estonia, a small country with approx. 90 m EUR turnover, Sonepar is No. 1 followed by Onninen and Würth with Talger and W.E.G.

This series will be continued to show who the most important players in the respective countries are, and in our newsletter we repeatedly bring detailed reports on the individual countries and wholesalers; therefore, sign up for our free newsletter to not miss any news.

For a full summary of the 25 European countries with the respective wholesalers and group members, see our new 2019-European survey.

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11
Feb

EMR surprises the professional community with a user-friendly and advanced web design of its new website, with many new content for manufacturers, wholesalers and institutions in the electrical industry.

EMR surprises the professional community with a user-friendly and advanced web design of its new website, with many new content for manufacturers, wholesalers and institutions in the electrical industry.

The most important features of the new website are: Presentation of the 2019 wholesale survey of 25 European countries with over 10,000 customer contacts. Interested parties in the Chinese market are offered the opportunity to introduce themselves to the Chinese trade audience. Are you looking for skilled employees? Electro-match, an EMR service dedicated exclusively to job placement in the electro-technical industry, nationally and internationally, may be able to help you.

Check our offer, you will not be disappointed.
 

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