Sonepar has completed the acquisition of Rexel's operations in Spain (approximately €140 million in sales, 460 employees, and 45 branches) and Portugal (approximately €35 million in sales, 120 employees, and 13 branches). This acquisition will allow Sonepar to re-establish its commercial presence in Portugal and strengthen its position in Spain (where the Group already has a network of 108 points of sale).
“This exciting milestone further demonstrates our commitment to continue growing our business. I want to welcome Sonepar to the Rexel Spain and Rexel Portugal team and leverage the strengths of our operations to expand our business opportunities,” commented Jean-Cyrille Verspieren, President of Sonepar in Spain.
Rexel Spain and Portugal will adopt the Sonepar brand in the next six months.
Cambium Networks and EZVIZ have formalized a strategic agreement aimed at boosting advanced wireless video surveillance services in the residential and micro SME market, offering new business opportunities to Wireless Internet Services Providers (WISPs).
The COFITEL group, with a presence in Spain, Portugal, Colombia, and Algeria, has signed an agreement to distribute Radio Frequency Systems (RFS) radio frequency products in Spain and Portugal, expanding its catalog of solutions with cables, connectors, jumpers, kits, and RF accessories.
Dassault Systèmes, the 3DEXPERIENCE Company, announces its collaboration with the technology development and consulting firm Luce Innovative Technologies (Luce) to jointly offer their technical and technological expertise and optimize the performance of production plants.
Analysis Mason offers his perspective on the Nokia and Alcantal Lucent merger
Digital connectivity solutions provider Gefen has appointed COMM-TEC GmbH as its main distributor of Gefen products throughout Central Europe, including Germany, Austria, Italy, Spain, Portugal, and the Benelux countries. Effective May 4, 2015, COMM-TEC will provide support and...
Interoute has acquired Vtesse Group. With operational services for businesses in Europe, the United States, and Asia, this acquisition will offer companies throughout the UK Interoute's cloud service, Interoute VDC, and its portfolio of unified communications, connectivity, and other solutions.
FRITZ!, the European manufacturer of broadband and digital home solutions, has announced...
Nokia has announced an upgrade to its Network Services Platform (NSP), the comprehensive platform for...
Zelenza has announced the renewal of the Engineering Service related to operational work...
The report's central thesis is that the main challenge for companies is no longer adopting AI, but...
In addition to being one of NeoCortec's main distribution partners, NeoCortec also...
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