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ability and loyalty of our incredible team,” Chris McKenna said. “Our past achievements have always been collaborative and collective – our future growth will be founded on the same principle.” Announcing the deal which took effect on 13 January, OEM said the company had a “strong product portfolio based on long partnerships with many of Europe’s leading manufacturers”. With its head office in Tranas, Sweden, OEM has a turnover of €360 million and comprises 34 operational units in 14 countries. The group trades in industrial components and systems for “What will emerge will still be Demesne Electrical, bigger better and with more opportunities for all.” Paul Fitzsimons, Director of Demesne Electrical
L -R: Chris McKenna, Paul Fitzsimons, Dave Williamson of Demesne Electrical.
industrial automation. OEM’s extensive product knowledge, years of experience and outstanding applications expertise offer customers a strong partner all along the supply chain, from product development and design to purchasing and production. CEO of OEM International, Jorgen Zahlin said: “Demesne fits well into the OEM group and creates new opportunities both based on the fact that Ireland is a new interesting market and that the company has served product areas that fit well into OEM.” OEM understands that acquisitions
are central to business development and growth creation. It maintains that acquired businesses add new products, extend the customer base, and bring new expertise to the group. Based on its philosophy to be an active and long-term owner, OEM creates a development plan for each business it acquires. OEM can make its existing operations work to the advantage of the acquired company by opening up new markets and customer groups. The acquired company can continue to operate as a separate company or is integrated into one of the existing operations.
Demesne Electrical Dublin T: +353 (0)1 404 7700 E: sales@demesne.ie Demesne Electrical Cork T: +353 (0)21 435 5440 E: corksales@demesne.ie Demesne Electrical Dungannon T: +44 (0)28 8772 5033 E: dungannonsales@demesne.ie - www.demesne.ie
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IRELAND’S ELECTRICAL MAGAZINE | 29
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