Sonepar takes over the Belgian Cheyns Group

It must have been a heavy blow for Fegime purchasing association when they learned  that Marc Cheyns.....

would like to sell his firm with its 10 branches to Sonepar’s subsidiary Cebeo (31 branches).

The reason given is that the two firms have the same orientation, organisation and activities and therefore complement each other excellently.

The deal still has to be approved by the relevant competition authorities, whose consent is expected shortly.