At the beginning of June 2019, Würth acquired the electrical wholesalers Electro-Stocks,

At the beginning of June 2019, Würth acquired the electrical wholesalers Electro-Stocks, headquartered in Barcelona and 56 branches. The group also includes the companies Kilovatio and the newly established company Fluid-Stocks. In total, there are now about 65 branches with a turnover of approx. 300 m EUR.

Electro-Stocks was founded in 1981 and was taken over in 2016 after some financial turbulences by the British investment company Apax Partners.

Mid-2018, Electro-Stocks has started a new business model; under the brand "Fluid-Stocks", they will concentrate exclusively on climate, plumbing and professional refrigeration.

With this new acquisition, Würth is now, after Rexel and Sonepar, the number 3 of the electrical wholesale groups in Spain.

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09
Jun

Rockwell Automation has elected Pam Murphy to its board of directors at the beginning of June.

Rockwell Automation has elected Pam Murphy to its board of directors at the beginning of June. Murphy works for the software company Infor as COO.

Having worked in a variety of areas including finance, sales and consulting in Europe and North America, Pam’s expertise in technology and international business operations will greatly benefit Rockwell Automation.

Prior to joining Infor, she was with Oracle Corp. and Arthur Andersen. 

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28
May

Fegime, based in Cernusco sul Naviglio / MI, has a new managing director

Fegime, based in Cernusco sul Naviglio / MI, has a new managing director in Francesco Redaelli; he succeeds Claudio Albertini.

Fegime has 21 members in Italy with a total of 78 branches. In March, the Mega-group, based in Vasto, has joined Fegime. The Mega group consists of the 6 wholesalers De Gregorio, D'Elpidio, Eurolux, G.F. Elettronica, Serafini, and Elettro Center.

The Mega-group is run by M. di Lello, the owner of Elettro Center. The turnover of the group is approx. 16 m EUR.

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Finder has reorganized its distribution. Dirk Rauscher (53)

Finder has reorganized its distribution. Dirk Rauscher (53) was appointed Sales Director and Sven Kappe (45) was appointed Sales Director Germany. Before Kappe was Head of Sales and Distribution. Rauscher is also chairman of the working group ‘Relays, switch gear, and industrial control’ within the association ZVEI.
Finder designs, manufactures and sells electromechanical relays for the industry and installation equipment for buildings.

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20
May

As we learned today, Rexel has sold its three Chinese companies,

As we learned today, Rexel has sold its three Chinese companies, Luckywell International Investment Ltd. and Beijing Luckywell Electrical Co., Ltd. on 31.1 2019 and Shanghai Maxqueen Industry Development Co. ltd. on 30.4.2019. To whom was not communicated.

 

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19
May

This year's electrical wholesale conference took place from 9.-11. May in Brussels. Hans Hanegreefs, the secretary of the European Association, and his team, have once again set up a good and engaging program.

This year's electrical wholesale conference took place from 9.-11. May in Brussels. Hans Hanegreefs, the secretary of the European Association, and his team, have once again set up a good and engaging program.

For the past 18 years, EMR has always been present at the various European meetings, partly as a speaker, which is why we want to take a critical look at the association's meeting, wondering if an international conference of such an important branch of Industry still meets the expectations for the future.

The lectures of e.g. Ian Heller and, in particular, the lecture on China by Pascal Coppens have stood out in particular. Unfortunately, many native speakers (as lecturers) forget too often that for most people attending an international conference English / American is a foreign language, either they speak too fast or too complicated. For most listeners, their knowledge is sufficient for small talk, but not for a corresponding qualified lecture; therefore, it would be desirable for the presenter to adapt his speech accordingly. Years ago, this was more taken into account and the lectures were translated simultaneously, but unfortunately this has been discontinued.

The invitation to the conference was followed by 258 people, of which 139 were manufacturers, 100 electrical wholesalers (from associations or wholesale groups or independent companies) and 19 others.

Already these figures show that more manufacturers were at the wholesale conference than wholesalers themselves. In Europe there are about 2,800 electrical wholesalers with a total of approx. more than 12,000 branches and one may ask why it is that the majority of wholesalers did not participate at the Annual meeting of their own association: was it because of the program, or was it because  of the cost of the conference ( with flight, accommodation, participation fees, etc. you have to pay at least 1.300, - EUR altogether!!),or was it simply because the majority of national wholesalers knew nothing of the European conference of their association.

For years, the conference has followed the same pattern and perhaps the organizers of the European electrical wholesale association would have to scrutinize the different points in order to become more attractive and come up with better solutions and procedures in order to reach a greater acceptance in the future. The European electrical wholesaler would deserve it.

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16
May

EUEW Conference 2019 in Brussels 9-11 May 2019

EUEW Conference 2019 in Brussels 9-11 May 2019

Outgoing President Ulrich Liedtke from Würth from 2017-2019

Incoming President Alexander Dewulf from Sonepar Belgium from 2019-2021

Next President Henk Oude Brunink from itsme from 2021-2023

Secretary General  Hans Hanegreefs

Next EUEW Conference in Barcelona 4-6 June 2020

The regulation at the EUEW is such that the presidency changes every 2 years, once the president is coming from an independent wholesaler, as now U.Liedtke from Würth in Germany, then the next president comes from a wholesale group like in this case A.Dewulf from Sonepar Belgium , then again an independent wholesaler (2021 Henk of itsme from the Netherlands), etc.

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Solar from Denmark took over the HVAC business segment of Onninen AB in Sweden;

Solar from Denmark took over the HVAC business segment of Onninen AB in Sweden; this was previously agreed with the parent company Kesko from Finland. The purchase price amounts to 45 m DKK (6 m EUR).

The acquisition now strengthens the heating, plumbing, and air conditioning activities of Solar in Sweden, and has an impact on the year-end forecast for 2019. Solar now expects sales of at least 11.6 bn DKK (1.6 bn EUR).

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