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- REXEL: SOLID FIRST QUARTER 2008: 3.1% ORGANIC GROWTH, ROBUST PROFITABILITY
- SOLID FIRST QUARTER 2008: 3.1% ORGANIC GROWTH, ROBUST PROFITABILITY - Organic sales growth on constant and same day basis: +3.1%* - Robust profitability: Adjusted EBITA of 146 million EUR or 5.8% of sales vs. 5.5% excluding favourable non-recurring items in Q1 07 - Net income up...
- Research articles 2008-05-15
- Orbis Believes Hagemeyer Worth More Than 4.25 Euro / Share.
- HAMILTON, Bermuda, October 11 /PRNewswire/ -- - Considers Proposed Sonepar Offer Unacceptable Orbis Investment Management Limited, ("Orbis") manager of the Orbis Funds, which currently hold approximately 8.2% of Hagemeyer N.V.'s ordinary shares, noted the recent intended offer for Hagemeyer by Sonepar...
- Research articles 2007-10-11
- Business briefs
- Sonepar USA subsidiary buys two distributors Stuart C. Irby Co. of Jackson, Miss., a subsidiary of Sonepar USA, recently signed an agreement to acquire Burmelster Electric Co. of Minneapolis and High Voltage Testing Laboratories of Fargo, N.D. Burmeister was established in 1919 to serve utilities in the upper Midwest. While...
- Research articles 2007-03-01
- Business briefs
- One Australian servicer buys another P&H MinePro Services Australasia of East Maitland, New South Wales, Australia, has agreed to acquire the G&D Donnelly electric motor repair business. The acquisition is intended to complement existing P&H MinePro electric motor repair capabilities to provide an OEM motor repair shop network in eastern...
- Research articles 2007-02-01
- Sonepar USA Expands into Texas with Acquisition of Crawford Electric Supply
- PHILADELPHIA -- Sonepar USA announced that it has acquired Dallas-based Crawford Electric Supply Company, Ltd. CESCO, the largest independent wholesale electrical distributor in Texas. The acquisition confirms Sonepar USA's geographic footprint extent into the fast-growing Texas market. Terms of the deal were not disclosed. Founded in 1986, CESCO has...
- Research articles 2007-01-08
- Deal expected to strengthen Irby's market position
- JACKSON - The recent acquisition of family-owned Stuart C. Irby Company with Sonepar USA, a subsidiary of family-owned Sonepar SA Paris, brings two industry leaders together. From an international strategic perspective, the merger is beneficial for both, believes John Lox, who heads the international business program of Mississippi State University's...
- Research articles 2005-10-03
- Associations, societies, & government activities
- Some action better than none, NAM warnsCongress needs to break the gridlock that has gripped the U.S. policy making apparatus, John Engler, president of the National Association of Manufacturers, told the board of governors of the National Electrical Manufacturers Association. "We are facing as serious a set of circumstances as...
- Research articles 2005-06-01
- SoneLight creates efficiency.(Tech Notes)(Brief Article)
- PHILADELPHIA -- Sonepar USA announced the launch of SoneLight, a project management service available within ElekNet, the company's online order entry system, which automates the procurement process from bidding, order entry and inventory tracking to shipping, billing and confirmation. SoneLight is a culmination of a multi-year,...
- Research articles 2004-06-01
- Argentina: Electric hardware retailers unit to compete with.
- The arrival of the French chain Sonepar Distribution in Argentina made the local distributors of electrical material unite in order to survive the multinational. Sonepar is leader in Europe, with sales of more than US$4,800mil, and arrived in Argentina at the beginning of the year with...
- Research articles 2000-06-01
- Argentina: Sonepar acquires Richetta.
- Sonepar Distribution, a French electric materials retail trade chain, has acquired a 51% stake in the Cordoba based Richetta, that will play as spearhead to expand operations both in Argentina and South America.Plans are to set up new branches of Richetta, that had sales for US$11mil...
- Research articles 2000-03-23
- Marshall to form alliance with Sonepar
- EL MONTE, CALIF.--Marshall Industries and Sonepar Electronique International SEI of France agreed in principle to form a strategic business alliance, providing marketing and operational resources and customer support to one another. "The joint resources of Marshall Industries and SEI will provide the framework for delivery of quality service to...
- Research articles 1994-03-14
Additional Resources
- European Initiative - Avnet buys Sonepar's majority share of European distributor Eurotronics - Company Business and Marketing - Brief Article
- AVNET INC., with another key acquisition moving forward, is eyeing sharp expansion of its European distribution efforts. The Phoenix-based distributor has signed a share exchange agreement to buy out Sonepar's majority stake in European component distributor Eurotronics B.V. known as SEI. A letter of intent was signed earlier. Avnet will...
- Research articles 1999-08-30
- REXEL : Press release
- Rexel notes Sonepar's intention to launch a public offer on Hagemeyer. In this context, Rexel is reviewing all its strategic options. Rexel will keep the market informed of its decisions. For further information, please contact: +-------------------------+--------------------+ |Financial Analysts / |Press ...
- Research articles 2007-10-09
- Rexel in [currency] 3.13bn Hagemeyer deal
- Business News IN BRIEF --The electronics firm Hagemeyer, whichowns Newey & Eyre and Parker Merchanting in the UK, has agreed tobe bought by France's Rexel, the world's biggest electrical parts distributor, for $3.13bn (2.25bn). Rexel intends to sell certain Hagemeyer operations in the US, Asia and Europe to...
- Research articles 2007-11-24
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