The Daetwyler Group in the first week of January 2010 completed the acquisition announced on 11 December 2009 of the German catalogue distributor Reichelt Elektronik.The antitrust authorities approved the transaction without imposing any restrictions. Thus, Daetwyler Holding Inc. has become the owner of Reichelt Elektronik GmbH & Co. KG headquartered in Sande(Friesland). Within the context of the annual reporting 2009, definition and attribution of the purchase price will be determined in accordance with IFRS.
For Daetwyler, the acquisition of Reichelt Elektronik (annual sales of around CHF 150 million) will mean a further spurt for growth in 2010 of its catalogue
For Daetwyler, the acquisition of Reichelt Elektronik (annual sales of around CHF 150 million) will mean a further spurt for growth in 2010 of its catalogue
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