Würth Electrical Wholesale

Würth Electrical Wholesale Group acquired 97.31% of TIM S.A., Poland's largest e-commerce platform for electrical wholesaling, through a public tender offer, becoming market leader in electrical wholesaling in Poland.

Würth Electrical Wholesale Group agreed to acquire a majority interest in IDG01 S.p.A., an electrical wholesaler in Piedmont, Italy, to expand its presence in northwestern Italy. The transaction is subject to antitrust approval.

Würth Electrical Wholesale Group (W.EG) signed a purchase agreement on 14 January 2021 to acquire all shares of Kaczmarek Electric S.A., a Polish electrical wholesaler with 2020 sales of about EUR 117 million. In return, Kaczmarek's managing director will receive 40% of W.EG Polska shares.

Apax Partners reached an agreement for Grupo Electro Stocks to be acquired by Würth Electrical Wholesale, the electrical division of the Würth Group. The deal gives Würth entry into the Spanish market.