01
Apr

Dear friends and business partners,

after almost 50 years in the electrical industry, 25 of which in an independent position, I decided to sell my company...

Dear friends and business partners,

after almost 50 years in the electrical industry, 25 of which in an independent position, I decided to sell my company. 

EMR Euro Marketing + Research will continue to exist in EMR Online AG, a Swiss service company. I would like to thank you for your loyalty over the years and ask you to transfer this to the new EMR AG, which I will continue to support in an advisory capacity.

I founded EMR in 1995 and published the first electrical wholesale study, an absolute novelty at the time. Today the survey covers a total of 25 European countries and with our Russia survey, which we only published last year; we were able to set another highlight.

Mr. Manuël Gielsdorf, co-founder and managing director of EMR Online AG, will contact you in the next few weeks and present a new, expanded program. The new EMR will be launched in April 2021 with an adapted market presence and will further push the internationalization of the company. 

You may well be curious.

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26
Mar

Rexel announced that Patrick Berard will retire as Chief Executive Officer on September 1, 2021....

Rexel announced that Patrick Berard will retire as Chief Executive Officer on September 1, 2021. He will be replaced by Guillaume Texier, who will join the company after several management positions at Saint-Gobain. However, Berard will stay until March 1, 2022 to ensure a smooth handover.

Berard, who joined Rexel in 2003, has been the Group's CEO since 2016. Under his leadership, Rexel has undergone a profound change, from an electrical distributor to one of the most important service providers in energy management.

Today Rexel has a network of more than 1,900 branches in 25 countries with more than 24,000 employees. Consolidated sales in 2020 amounted to 12.6 billion Euros.

The 47-year-old Guillaume Texier joined Saint-Gobain in 2005, where he held various management positions. Since January 1, 2019, he has been Senior Vice President and CEO Southern Europe, Middle East and Africa.

Prior to joining Saint-Gobain, Texier held various senior positions within the French government, including adviser to the Ministry of the Environment and the Ministry of Industry.

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24
Mar

Rexel has acquired a minority stake of 25% in Trace Software International,...

Rexel has acquired a minority stake of 25% in Trace Software International, a company specializing in the design and calculation of non-residential buildings, and 100% in Freshmile Services, an independent operator of charging stations for electric vehicles.

Trace Software International:

Rexel  has acquired a minority stake of 25% in Trace Software International, a French company founded in 1990 that specializes in software for non-residential buildings and industries such as energy. This minority stake goes along with a commercial partnership to accelerate the Rexel sales force's transition to selling more software and recurring services. With this investment, Rexel is strengthening its offering for non-residential buildings and completes its offering of residential buildings.

Freshmile Services:

Freshmile Services was founded in 2016 and is one of the leading providers of charging stations for electric vehicles in Europe. The company manages more than 8,000 charging points and offers services to more than 50,000 EV-drivers who can access 100,000 charging points in roaming. The company operates in France with 25 employees and generates income through an efficient subscription fee model.

The acquisition of Freshmile offers Rexel improved development opportunities in the rapidly growing e-mobility business. With this acquisition, Rexel is developing into a service provider for the remote management of objects in the field of energy efficiency. In addition, Rexel can continue to leverage its range of e-mobility solutions, including EV charging stations, and now offers an end-to-end solution for this attractive business, including training, financing and subsidizing. Rexel also wants to use its global network to develop and expand the business internationally.

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Sonepar, undoubtedly the No.1 in the global electrical wholesaling business, announced the sales figures for the past year...

Sonepar, undoubtedly the No.1 in the global electrical wholesaling business, announced the sales figures for the past year. A total of EUR 23 bn was turned over with 45,000 people (48,000 in 2019) in 2,800 branches (3,000 branches in 2019) in 40 countries. Sonepar has an outstanding position in almost every country in which it operates. But Corona also caused a slight drop in sales; in the previous year it was EUR 24 bn, a slight loss of 4.2%.

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Schneider Electric, the energy efficiency and digitization specialist is wooing young professionals and breaking new ground in making workplaces more flexible....

Schneider Electric, the energy efficiency and digitization specialist is wooing young professionals and breaking new ground in making workplaces more flexible.

The French technology giant is bringing its brand even more to the fore and is now increasingly promoting students and young professionals in Germany, Austria and Switzerland. The Düsseldorf recruitment agency YeaHR! was asked and they developed from the brand 'Life is on', a campaign called ‘voll-im-modus.de’ in an unusual way, which was started in mid-February. Using five examples, it shows the development opportunities that exist at Schneider, from environmentally conscious employees to part-time studies and boss fashion. It is already being considered to expand the model.

But there is also talk about money and the advantages one has at SE. Among other things, there are 5 days of paid care leave for relatives in need of care or 5 days per year for recognized charitable purposes or flexible workplaces that can be used at all office locations. This last point in particular brings us to a new model that Schneider Electric has launched in the USA, namely job flexibility.

Schneider Electric recently joined forces in the United States with Upflex, one of the world's largest office space providers. Upflex is represented at 5,500 locations in 75 countries and in 1,600 cities. Thanks to this collaboration, more than 10,000 Schneider employees in the US can go “to the office” and have a safe workplace where all health and safety aspects are taken into account. For SE it has the advantage that the workplace can be flexibly adapted to the needs, whether for a single office or a meeting room, for longer or shorter periods, so Schneider Electric has the costs under control at all times. Of course, it is also particularly suitable for business travelers, as this gives them a connection to the headquarters. For Schneider, in addition to the cost aspect, the flexibility and the options were decisive.

Because of the corona pandemic, thousands of employees all over the world have been sent to the "home office" since last year. The first negative reactions to it have largely been refuted by practice and it is already predicted that the hybrid model of working in the office and at home or in an outside office, as indicated, will prevail in the long term.

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24
Feb

The Fagerhult Group is one of the leading European lighting companies with over 4,400 employees...

The Fagerhult Group is one of the leading European lighting companies with over 4,400 employees in 28 countries and sales of 6,816 million SEK (677 million EUR) in 2020, a decrease of 13.1% compared to the previous year. The net profit amounted to 572.4 million SEK (54.8 million EUR), an increase of 11.2% over the previous year. Fagerhult includes such well-known brands as iGuzzini, Whitecroft, Veko, to name just a few. There are a total of 13 brands in the four business areas.

In 2020, the loss-making company in South Africa was sold because the market there had not developed as expected. Additionally, traditional retailing has been found negatively affected whereas e-commerce, horticulture, and healthcare showed growth.

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16
Feb

The company had sales of EUR 25,159 million in 2020, and EUR 27,158 million in 2019, a decrease of 7.4%....

The company had sales of EUR 25,159 million in 2020, and EUR 27,158 million in 2019, a decrease of 7.4%.

EBIT in 2019 was EUR 3,399 m; in 2020 it was EUR 3,088 m, the net income fell from EUR 2,413 to 2,126 million, minus 11.9%.

As for all companies, the whole year was very demanding, with SE having a strong finish in the second half of the year.

It was also a year in which Schneider Electric repositioned itself in order to further prepare itself for the future, around the globe. The year 2020 laid the foundation stone for further acquisitions in 2021 in order to better support the needs of their customers with digital solutions for more efficiency and sustainability.

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13
Feb

Legrand ended 2020 down 7.9%....

Legrand ended 2020 down 7.9%. Sales in 2020 amounted to EUR 6,099.5 m, compared to EUR 6,622.3 m in 2019. The operating profit was EUR 1,065.4 m, minus 13.9%.

The decline in the established, mature markets was 8.5%, in the new economies it was minus 9.4%. This trend was mainly due to the deteriorating health and economic environment, as well as the steady depletion of inventory by distributors.

In Europe the share of sales was 39.3%, in North and Central America 40.7% and in the rest of the world 20%.

To supplement and complete the program, four new companies were taken over in 2020: Champion One in Cleveland and Focal Point in Chicago / USA, Compose in Sint-Michielsgestel / NL, and Borri in Bibbiena / IT.

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