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12
Introducing ERIKS UK
ERIKS UK became the new ERIKS UK changeover. ERIKS demonstrated with the purchase
name for what was formerly Sealing and Flow Technology was of FHS – Flexible Hose Solutions
known as WYKO Industrial launched in September 2007, and Forco Electrical Services in
Services in the UK. The name ERIKS Integrated Solutions 2007.
change is part of the major switched to its new guise in
Commenting on becoming
rebranding campaign that the January 2008 as did ERIKS
ERIKS UK, Mark Dixon, CEO said,
company has undertaken since International. As well as the 103
“We have been looking forward to
the £139 million acquisition of branches that will now be ERIKS
this moment for a long time,
WYKO by ERIKS nv in November service centres, newly named
finally to move forward as ERIKS
UK. The combination of our in-
2006. divisions include ERIKS
depth technical knowledge and
ERIKS UK is composed of Automotive, ERIKS Industrial
our ever-increasing product range
different divisions that together Distribution and ERIKS Electro
makes us an incredibly strong
offer a range of technical solutions Mechanical Services.
partner for all organisations
to the UK industry. A number of ERIKS UK is also looking at
looking to enhance their
the divisions have been re- making strategic acquisitions, productivity and operate more
branded as ERIKS prior to the indeed this has already been
efficiently.”
Management buyout at Fastener
Network Group
The Fastener Network Group has recently undergone a management buyout from Lonestar PRD
Group.
The management team consisting of Simon Atkinson, Mark Daker and John Ellis, have extensive
experience in the industry which will enable the enhanced sales and marketing strategies across its four
sites, being DB Industrial, Stevenage, The Fastener Warehouse, Christchurch, Holbruck Fasteners,
Bromsgrove and the newly formed bulk storage and head office facility in Redditch.
As part of the expansion plan, of the group, the Christchurch location has gained SCAS approval to
AS9120:2002 whilst all sites have been appointed as the preferred main distributor for Helicoil Wire
Inserts for the UK.
Commenting on the buy out, Simon Atkinson said “The buyout is an exciting new chapter in the
history of the company. We have established ourselves within the markets we operate, but with the new
found autonomy to implement our growth strategy, we are all excited by the opportunities this
transaction presents.”
Würth adds to central
managing board
Joachim Kaltmaier has joined the central Group for many years.
managing board of the Würth Group and The central managing board – comparable to
assumes responsibility for finance and the board of directors of a group holding company
accounting. – is the top-level decision-making body in the
He succeeds Dr. Roland Hartmann who left the Würth Group and consists of five members. Its
company at the end of April at his own request. most important tasks include strategic planning,
Dr Hartmann spent 13 years with the Group and the selection of executive personnel, and the
chairwoman of the advisory board, Bettina Würth, operational management of strategic business
thanked him for his longstanding and always units and functional areas. Further members of
committed work for the Würth Group. the central managing board of the Würth Group
Joachim Kaltmaier has been working as partner are Robert Friedmann (chairman), Rolf Bauer (vice
at Ernst & Young. He is public accountant and tax chairman), Dr. Reiner Specht and Dr. Harald
consultant and has been accompanying the Würth Unkelbach.
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