Electro-Stocks saved

Electro-Stocks, which was founded in 1981 in Barcelona and for which things haven’t always gone particularly well financially in the past,...........

has now been 100% taken over by the British investment company Apax Partners at the beginning of July. In this way, of course, the financial position of the electrical wholesale company is definitely improved.

The group, to which Candía Eléctrica wholesale company also belongs, has a total of approx. 60 branches and employs 800 people.

Electro Stocks has a market share of practically 10% in Spain, and the turnover of EUR 191 m generated in 2015 is almost double that of the year 2006.