The story
In 1994, Hagemayer acquired a 50% stake in the Swiss trading company Cosa Liebermann, and acquired all remaining shares from Anova in 1999.
In January 2004, Hagemeyer sold Elektro Fröschl electronic, its wholesale division, to Media-Saturn, thus reinforcing its focus on retail.
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 were then sold on to Sonepar, a privately held French company in the same sector. Sonepar had previously had its own lower bid for Hagemeyer rejected. Hagemeyer was removed from the AEX index on 7 March 2008 as Rexel declared its offer unconditional. Delisting of the firm's shares from the Amsterdam Stock Exchange took place on 21 April.
In 2010, Hagemeyer North America gets accredited to distribute its products to the aerospace industry.
From Wikipedia’s article on Hagemeyer, shared under CC BY-SA 4.0.4
