Solar acquires new companies
2011-10-20
Danish cabling and networking Solar has successfully completed new acquisitions which will increase the group’s annual revenue by €200m. The acquisitions comprise Conelgro in the Netherlands, Claessen ELGB in Belgium, GFI Gesellschaft für Installationstechnik mbH in Germany and GFI GmbH in Austria. With this acquisition, Solar strengthens our market position in the Netherlands and Germany while also gaining access to the Belgian and Austrian markets.
Solar acquires parts of Otra
2010-09-02 Denmark : cabling specialist Solar is acquiring parts of the activities of its competitor Otra Danmark, which is owned by the French Sonepar Group. The final acquisition is expected to take place at the beginning of September 2010. The business acquired by Solar Danmark consists primarily of sales of cabling to electrical contractors. Revenue from the activities acquired amounted to €27m in 2009. The activities related to utilities will be continued by Otra Danmark, which will thus be deleted from ITdistri database.
Axis gets Solar
2009-09-29 Denmark : Axis Communications and cabling and networking specialist Solar Denmark have signed a partnership for the distribution of Axis' network video products on local market, including training and service (source : Computer Reseller News Danmark).