Brook Electrical Supply and Viking Electric, both companies of the Sonepar Group...
Brook Electrical Supply and Viking Electric, both companies of the Sonepar Group in the United States,decided at the beginning of the year to join forces for even greater efficiency and merged.
Brook has 3 branches in and around Chicago; Viking has 21outlets in Minnesota and Wisconsin.
Sonepar has been in the United States since 1998, operating 14 locally administered companies with over 700 branches; in 2018 Sonepar USA had sales of approx. USD 2.9 bn (EUR 2.6 bn)
Wesco, one of the major electrical wholesalers in the United States....
Wesco, one of the major electrical wholesalers in the United States, and Anixter International, the world's largest manufacturer/dealer of cables and wires, announced today that the two companies will definitely merge. The deal is estimated at approx. 4.5 bn. USD (4 bn. EUR). This means that the previous agreement with Clayton, Dubilier & Rice (CD&R) is no longer valid.
The joint company will be the leading electrical company in North America with an estimated annual turnover of approx. 17 bn. USD (15 bn. EUR).
The merger has yet to be approved by the various official agencies and Anixter’s shareholders; final completion is not expected before the 3rd quarter of 2020.
City Electric Supply (CES) in the United States is growing faster and faster.....
City Electric Supply (CES) in the United States is growing faster and faster. The first electrical store opened in the States in 1983. In December 2019, there was a big celebration because the 500th branch was opened in the state of Indiana.
City Electric Supply is better known in Europe under the name City Electrical Factors (CEF) with its headquarters in Kenilworth / Warks.
Fegime will now be represented on the Canary Islands......
Fegime will now be represented on the Canary Islands by Siscocan from January 1, 2020 onwards. Manuel Méndez López, the managing director of Siscocan, is represented with 4 branches in the Canary Islands and thus covers the entire area.
With this increase, Fegime now has 28 members.
Anixter International, the world's largest manufacturer / distributor of .....
Anixter International, the world's largest manufacturer / distributor of cables and wires from Glenview / IL , has decided to sell its business to a partner of Clayton, Dubilier & Rice (CD & R). The transaction has yet to be approved by the various competition authorities, but is expected to close in the first quarter of next year. The sales value is 3.8 bn USD (3.5 bn EUR).
From January to September 2019, Anixter's revenue was 6.6 bn USD (6 bn EUR), an increase of 5% over the previous year.
Net income increased 41% to 162 m USD (147 m EUR).
On November 1, 2019, the American IMARK Group bought himself....
On November 1, 2019, the American IMARK Group bought himself into EDT GmbH in Essen as a shareholder.
Founded in 1992, EDT is one of the largest wholesale organizations of independent plumbing and heating wholesalers in Europe .Today, EDT is represented in 11 countries with almost 1,700 branches.
As you may know, IMARK Electrical (the other branch of the American association) already participated in 2012 as a shareholder in Imelco.
The Federal Association of the German Electrical Wholesale Organization (VEG)..
The Federal Association of the German Electrical Wholesale Organization (VEG) had elected on November 4, a new board. Holger Heckle (from Sonepar Germany) was unanimously confirmed as Chairman of the Board.
The new board now consists of the following people: newly elected was Ms Nicole Steuer (from Rexel Germany), Dr. Dirk Jandura (from Oskar Böttcher) and Michael Stausberg (from EGU Elektro Großhandels Union).
Re-elected were Markus Bruder (from Friedrich Streb Franz Bruder), Ulrich Liedtke and Uwe Schaffitzel (from Würth), Thomas Moczigemba (from EFG Cordes & Graefe) and Rainer Rommel (from Emil Löffelhardt).
Ms. Hanna Hennig (50) will become the new head of the global...
Ms. Hanna Hennig (50) will become the new head of the global IT organization (Chief Information Officer CIO) at Siemens in early 2020. Hennig is still CIO at Osram Licht in Munich. She succeeds Helmuth Ludwig (57), who leaves the company at his own request at the end of the year. Ms Hennig will report directly to Roland Busch, Deputy Chairman of Siemens.
Hennig studied economics at the University of Hannover and has been working in IT for 25 years. During this time, she has assisted well-known companies in digitization, e.g. O2, E.ON and now Osram.