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Kesa Electricals

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Kesa Electricals plc
Type Public (LSEKESA)
Industry Retailer
Founded 2003
Headquarters London, United Kingdom
Key people David Newlands Chairman
Thierry Falque-Pierrotin CEO
Dominic Platt Finance Director
Products Brown Goods,
White goods,
Telecommunications,
Information technology,
Digital photo processing,
Pre-recorded media,
Furniture
Revenue £5,917.3 million (2011)[1]
Operating income £107.0 million (2011)[1]
Net income £30.7 million (2011)[1]
Employees circa 17,000[2]
Website www.kesaelectricals.com

Kesa Electricals plc (LSEKESA EuronextKESA) is a major British-based electrical retailing business. It is dual-listed on the London Stock Exchange and Euronext.

Contents

History

The Company was formed in 2003 by a demerger from Kingfisher plc.[3] In 2007, the Company bought Menaje Del Hogar, a Spanish electrical retail chain.[4] The Company sold its Swiss operation on 6 July 2009.[5]

In February 2012, the company completed the sale of Comet to OpCapita for £2 and also paid pay the purchaser a "sweetener" of £50m to take the loss making venture away.[6]

Operations

Kesa Electricals is based in London and owns several European retailers including Darty in France. It also has sourcing offices based in Paris and Hong Kong, as well as a wholly owned wholesaler of electrical accessories, Dacem, who supply all of Kesa's European operations.[7]

Its structure is as follows:

  • Darty France: Retail in France. They own 214 stores with 282,700 square metres of selling space
  • Darty Italy: Retail in Italy. They own 23 stores with 19,750 square metres of selling space
  • Darty Turkey: Retail in Turkey. They own 6 stores with 8,200 square metres of selling space
  • BCC: Retail and E-commerce in Netherlands. They own 50 stores with 64,900 square metres of selling space
  • Vanden Borre: Retail in Belgium. They own 57 stores with 60,800 square metres of selling space
  • Datart: Retail in Czech Republic / Slovakia. They own 32 stores with 33,400 square metres of selling space
  • Menaje Del Hogar: Retail in Spain and Portugal. They own 67 stores with 79,500 square metres of selling space

References

External links


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