Eurodis Elect. Share Discussion Threads

[realcooltrader] 13/10/2005 17:28

LOL, glad to see you've both retained your SOH. Yes thanks ed3, still no verbal intercourse with the wife(or any other kind come to that), although she's started writing me notes again, a sure sign of thawing ;-)

Anyone come across Ed W in their travels on the boards? I certainly haven't.

[realcooltrader] 13/10/2005 09:00

Potatoes.....you lucky lucky bast*rd!!

[edward3] 13/10/2005 08:44

It would be nice seeing a little return just in time for christmas, otherwise the turkeys out and its a £2.50 chicken from Asda with home made newspaper party hats and homebrew from the potato peelings for us...........

[arthur_lame_stocks] 05/10/2005 11:50

So did I!!!

[shirishg] 05/10/2005 11:50

Post removed by ADVFN

[shirishg] 04/10/2005 19:04

Post removed by ADVFN

[mike012321] 04/10/2005 18:40

RUTRONIK on Expansion Course in Europe

Sections of the Eurodis team strengthen presence in Nordic, Benelux and UK - Eurodis order book for Nordic

RUTRONIK Elektronische Bauelemente GmbH has significantly boosted its pan-European presence. In the Nordic, UK and Benelux distribution regions, a total of around 80 former Eurodis employees from the fields of distribution, marketing and FAE (field application engineers) will be strengthening the RUTRONIK team. In addition, by acquiring the Eurodis order book in the Nordic region, the broadline distributor RUTRONIK has gained the entire backorders of the insolvent distributor in Scandinavia. As such, RUTRONIK is represented in Nordic and UK by over 40 employees in each region and in Benelux by over 20 employees, and has established an area-wide presence in Europe. With these acquisitions, RUTRONIK is substantially reinforcing its position as Europe's number three in the distribution landscape and as the only European company of this magnitude. The local subsidiaries operate largely independently and offer their customers expert support on site through local distribution, FAEs and product marketing specialists. The company's declared aim in making these new acquisitions is to boost its turnover to over EUR 500 million by the year 2006.
For the Nordic region encompassing Denmark, Sweden, Norway and Finland, this move signifies a clear expansion in terms of distribution operations. To date, RUTRONIK had only operated in Denmark with a small representative office. With the newly appointed team, the company is aiming to achieve a successful start similar to that achieved in Italy, Europe's number three distribution market. Last year, RUTRONIK achieved a rapid start in Italy with 55 employees. Also in the UK, RUTRONIK increased its personnel presence to some 40 employees, including changes in the management. "We are aiming to become a key player in Europe's second largest distribution market, namely Great Britain", explains Helmut Rudel, Chairman of the Management Board and Founder of RUTRONIK commenting on this. The distribution representation has also been greatly expanded in Benelux. "As part of our expansion activities, we will also be working flat out on further harmonising the franchise situation in Europe
and on expanding this with further interesting manufacturers", continues Helmut Rudel. "This move will strengthen our product portfolio and give our business potential a further boost." In an initial step, we have already succeeded in signing a Europe-wide agreement with Epson Europe Electronics and an array of manufacturers from the electromechanics sector. Sharp has also been added as a manufacturer. Further intensive negotiations are currently underway and are expected to reach the conclusion stage in autumn.
In the wake of the current changes in the European distribution landscape in favour of large group conglomerates, and as the only European amongst the top 3, RUTRONIK sees itself has having a position of special responsibility towards its customers: "We think and act with Europe in mind. And it is precisely for this reason that we shall be continuing to focus firmly on assuring a balance in Europe's component distribution landscape as well as fair competition. Thanks to our recent investments, we are already well on the way to achieving this."
# # #
About RUTRONIK (www.RUTRONIK.de/com)
RUTRONIK Elektronische Bauelemente GmbH is one of Europe's leading broadband distributors for active, passive and electromechanical components in addition to displays and embedded boards. The markets that the company primarily targets include in the automotive, telecommunications, consumer goods and industrial electronics industries. Wide-ranging services, competent transfers of expertise in the areas of product development and design, as well as logistics and supply chain management solutions round off its customer and future-oriented range of goods and services. The company, established by Helmut Rudel in Ispringen/Germany in 1973, employs about 1,000 staff throughout Europe and is looking to achieve sales of EUR 425 million in fiscal year 2005.

Press contact:
Edgar Huber, Head of Marketing/Communications, RUTRONIK
Ph: +49 (0) 7231/801-628; e-mail: [e-mail]

[firenza] 29/9/2005 12:23

You must be talking about the rampers who used to post here and lost their shirts.

LOL

[galleon] 22/9/2005 09:19

vultures and con merchants!!!

[momentos] 19/9/2005 09:55

So in our Eurodis-ion Sell Contest we have the following countries to sort out according to the Eurodis Website:

Austria - MBO
Belgium - MBO
Czech Republic - ?
Denmark - Bought Rutronik
Finland - Bought Rutronik
France - Shut Down
Germany - MBO
Hungary - ?
Ireland - ?
Italy - MBO
Netherlands - Bought TKH
Norway - Bought Rutronik
Poland - ?
Russia - ?
Slovakia - ?
Spain - ?
Sweden - Bought Rutronik
Switzerland - MBO
United Kingdom - part bought Abacus

Any ones I missed? Still looks like it will end up all "Norwegian" for the shareholders...

[jordaggy] 19/9/2005 09:23

In legal rectification since last 28 July, Eurodis France (80 people, 19 million euros of sales turnover 2004 according to Europartners), closed its doors yesterday September 15. The European distributor Eurodis Electronics (780 people, 244 million CA euros over 10 months) was resold subsidiary by subsidiary company. The managerial staff and the executive staff of the subsidiary companies German, Austrian, of the Benelux countries, Italian and Swiss took again on their account their company via a MBO (Buy-Out Management). Abacus took again the order book of the English subsidiary company and Rutronik repurchased the Scandinavian subsidiary companies of which it laid off one the third of the personnel.

[crt131] 17/9/2005 05:50

When they have finished the fire sale and returned 5p a share to the PI's!!

[big frankie] 16/9/2005 19:06

Does anyone know if there is likely to be any form of indication when the Administrators have concluded their work?

[jordaggy] 16/9/2005 15:38

Afternoon Ed, yes the pains still with me as well....stroll on....

[edward3] 16/9/2005 15:36

Afternoon all.........

long time no speak, still gutted and skint.....

hope everyone is okay.

Going on holiday this Tuesday good job it was paid for before they went in to admin.

[momentos] 08/9/2005 09:27

7 September 2005
Het Financieele Dagblad

Dutch cable maker TKH Group, formerly known as Twentsche Kabel Holding NV, has signed a final agreement for the acquisition of part of the activities of UK wholesaler Eurodis Electron Plc for an undisclosed sum, TKH Group said on September 7, 2005.

Eurodis, which has been granted suspension of payment under UK law, has partly been declared bankrupt in the Netherlands.

TKH announced its intention to buy part of Eurodis on September 1, 2005.

The activities to be bought include Eurodis' portfolio of electronic products for the industry sector.

The bought activities will be directly incorporated in a new company, Texim Europe BV, based in Haaksbergen, eastern Netherlands. TKH expects the activities to be acquired to have a positive contribution to its earnings per share (EPS) as of 2006.

TKH expects the new company, with nearly 50 employees, to grow to an annual turnover of 30 mln euro ($37.45 mln). The new company will initially concentrate on the markets in the Benelux and Germany.

[Editor's note: TKH ( www.tkh.nl ) is a group of companies, operating internationally, specialised as solution providers in creating and supplying innovative telecom, building and industrial solutions.

TKH Group posted an 11.6 mln euro ($14.5 mln) net profit for the first half of 2005 compared to 9.6 mln euro ($12 mln) for the same period of 2004, the Dutch News Digest reported on August 25, 2005.]

[galleon] 07/9/2005 16:19

hi guys..Momentos..sorry if I offended - not meant at all at all...all news is welcome so please keep posting info. lol

[spurious] 07/9/2005 09:44

Best wishes to all and good fortune for the coming year and a special hello to Chiansaw and Ed
I am now running a meths supermarket with some great offers and discounts... buy one vat, get one free, Free park bench and overcoat when 5 vats purchased and for several of the board of elh free matches with any purchase.
Look forward to chatting in near future to any of you
Good Luck all
SP