Hagemeyer becomes Rexel UK

(14/04/2009)

Following last year’s acquisition of most of Hagemeyer NV’s European assets by the French based Rexel Group S.A., the Hagemeyer (UK) Ltd name has been changed to Rexel UK Ltd.

Newey & Eyre, WF Electrical and Parker Merchanting, trade alongside Senate Electrical and Denmans, as Rexel’s key trading brands within the UK, each retaining their distinctive position in the wholesaling marketplace.

Rexel Group, with global 2008 pro forma sales of 13.7 billion Euros from 2,400 outlets in 34 countries, is now the market leader in the UK, as well as holding number one or number two positions in 24 countries.

Henri-Paul Laschkar, Senior Vice President of Rexel UK explains: “We are keen that our UK brands trade as distinctive entities, each meeting the specific needs of their loyal customer base. In addition, we will continue to seek synergy opportunities across our UK brands by benefitting from combined expertise, improving our supply chain and continually challenging our cost base to deliver an even more responsive and competitive offer and services to our customers.”

Related categories:  Company changes