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Product category: Plugs and Sockets
News Release from: Abacus Deltron
Edited by the Electronicstalk Editorial Team on 02 July 2001

Deltron on the distributor acquisition
trail

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Deltron Electronics has acquired Birmingham-based Hawnt Electronics in a GBP 6.8 million cash deal.

Deltron Electronics has acquired Birmingham-based Hawnt Electronics, one of the UK's longest-established privately owned distributors of electromechanical components in a GBP 6.8 million cash deal Deltron has also acquired Radikor, a Netherlands-based specialist distributor of electromechanical components for GBP 0.2 million

Hawnt becomes part of Deltron-Roxburgh, the UK distribution arm of the Deltron Group, who recently announced record pre-tax half-year profits of GBP 2.3 million on a turnover of GBP 32.7 million for the six months to 31st March 2001.

Hawnt's turnover for the year to March 2001 was GBP 8.8 million and net assets GBP 3.5 million.

The addition of Hawnt to Deltron-Roxburgh, creates a dedicated electromechanical distribution business with an annual UK turnover of around GBP 25 million.

Commenting on the acquisition Neal P Turner, Managing Director of Deltron Roxburgh said, "This acquisition clearly signals our intent to become a major player in the electromechanical distribution arena and with the addition of the Hawnt portfolio we have been able to fill most of the gaps that existed in our product range.

Both Deltron and Hawnt have grown and developed through design-in and demand-creation and the similarities between the companies will further enhance our appeal to customers and suppliers alike".

Gordon Campbell, Managing Director, Hawnt Electronics added, "This is an extremely positive and strategic milestone in the history of Hawnt.

The philosophy of both companies is remarkably similar, focusing very much on core product ranges with a particular emphasis on the design-in side of the business.

Our customers will be offered a far greater breadth of product ranges and our suppliers will benefit from the fact that we are now part of a rapidly expanding and dynamic organisation".

Radikor is a GBP 0.9 million specialist distributor of electromechanical components based just south of Amsterdam.

The newly acquired company will be renamed Deltron Radikor and will give Deltron a presence in the Netherlands for the first time, bringing the number of European countries where Deltron is represented to eight.

Deltron Radikor's sales office, which employs seven people, and whose managing director is Jacques de Kort, will be supported by Deltron Roxburgh, the Group's European distribution hub in North Lincolnshire.

Neal Turner, Managing Director of Deltron Roxburgh said, "I am looking forward to working with Jacques de Kort and his team and to making key franchised lines like ITT Industries including C and K switches, Toko and Grayhill available in the Netherlands for the first time.

This also gives us yet another foothold in the EU further strengthening our position in becoming totally pan-European".

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