Hagemeyer

Hagemeyer

Infobox_Company
company_name = Hagemeyer N.V.
company_
company_type = Subsidiary of Rexel
foundation = 1900
location = Naarden, The Netherlands
key_people = R.W.A. de Becker, CEO
num_employees = 17,600
industry = Distribution and Services
products =
revenue = profit 6.228 billion (2006)
operating_income = profit 190 million (2006)
net_income = profit 140 million (2006)
homepage = [http://www.hagemeyer.com/ www.hagemeyer.com]

Hagemeyer is a business-to-business (B2B) distribution services group focusing on the markets for electrical materials, safety and other maintenance, repair and operations (MRO) products in Europe, North America and Asia-Pacific. It is based in the Netherlands.

More than 90% of Hagemeyer’s total revenue is generated by its core Professional Products and Services (PPS) business. PPS focuses on the value-added business-to-business distribution of electrical parts and supplies, safety goods (such as hard hats and work boots) and other MRO products in some 25 countries across Europe, North America and Asia-Pacific. The remaining part of Hagemeyer’s revenues is realised by its Agencies/Consumer Electronics (ACE) business, which distributes consumer electronics and branded products in the Netherlands and Australia and luxury goods in a number of countries in Asia.

On 23 November 2007, the board of Hagemeyer agreed to a €3.1 billion takeover offer from larger French rival Rexel. Upon completion of the bid, some of Hagemeyer's units will then be sold on to Sonepar, a privately-held French company in the same sector. Sonepar had previously had its own lower bid for Hagemeyer rejected. [cite news
last=ten Wolde
first=Harro
url=http://uk.reuters.com/article/partiesNews/idUKL2360071320071123
publisher=Reuters
date=23 November, 2007
accessdate=2007-11-23
title=Hagemeyer agrees on Rexel 3.1 billion euro offer
] Hagemeyer was removed from the AEX index on 7 March, 2008 as Rexel declared its offer unconditional. [cite news
url=http://money.cnn.com/news/newsfeeds/articles/newstex/AFX-0013-23602510.htm
publisher=CNNMoney.com
work=AFX News
date=7 March, 2008
accessdate=2008-03-18
title=Hagemeyer to be removed from AEX index after close of markets today
] Delisting of the firm's shares from the Amsterdam Stock Exchange took place on 21 April. [cite news
last=Michelson
first=Marcel
url=http://www.reuters.com/article/innovationNews/idUSL0768983820080307
publisher=Reuters
date=7 March, 2008
accessdate=2008-03-18
title=France's Rexel clinches bid for Dutch Hagemeyer
]

Supervisory Board

* A. Baan (1942), Chairman
* M.P.M. de Raad (1945), Vice-Chairman
* Ing. R. van Gelder (1946), Member
* R.M.J. van der Meer (1945), Member
* P.H.J.M. Visée (1961), Member

References

External links

* [http://www.hagemeyer.com/ Hagemeyer Official Web Site] .
* [http://www.hagemeyer.com.au/ Hagemeyer Brands Australia Website] .
* [http://www.hagemeyer.co.uk/ Hagemeyer UK Website] .
* [http://www.hagemeyerna.com/ Hagemeyer North America Web site] .
* [http://www.hagemeyerce.com/ Hagemeyer Central Europe Website] .
* [http://www.hagemeyer.nl/ Hagemeyer Netherlands Website] .


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