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 was based in the Netherlands and acquired by French rival Rexel in 2008, with its units in certain countries subsequently being divested to Sonepar. Following the purchase, the Hagemeyer brand disappeared in some countries but remained in others.
History
In 1994, Hagemayer acquired a 50% stake in the Swiss trading company Cosa Liebermann, and acquired all remaining shares from Anova in 1999.[3]
In January 2004, Hagemeyer sold Elektro Fröschl electronic, its wholesale division, to Media-Saturn, thus reinforcing its focus on retail.[4]
On 23 November 2007, the board of Hagemeyer agreed to a €3.1 billion takeover offer from larger French rival Rexel