Recent Activity
In 2004 Montagu Private Equity purchased 67% of Maplin from Graphite Capital at a cost of £244 million. In 2007 the company began to relocate its headquarters and distribution centre to a new facility at Brookfields Park on the former Manvers Main Colliery, Rotherham, just two miles from the old warehouse in Wombwell. Maplin discontinued the processing of orders outside of the UK and Ireland in January 2010, but is looking to expand abroad in 2015.
Montagu Private Equity are now evaluating their options with Maplin, as the value of their investment has been realised. It was envisaged that when the market conditions are right, Maplin would float on the London Stock Exchange; as of yet nothing has been confirmed.
Read more about this topic: Maplin Electronics
Famous quotes containing the word activity:
“The teacher must derive not only the capacity, but the desire, to observe natural phenomena. In our system, she must become a passive, much more than an active, influence, and her passivity shall be composed of anxious scientific curiosity and of absolute respect for the phenomenon which she wishes to observe. The teacher must understand and feel her position of observer: the activity must lie in the phenomenon.”
—Maria Montessori (1870–1952)
“It would be one of the greatest triumphs of humanity, one of the most tangible liberations from the constraints of nature to which mankind is subject, if we could succeed in raising the responsible act of procreating children to the level of a deliberate and intentional activity and in freeing it from its entanglement with the necessary satisfaction of a natural need.”
—Sigmund Freud (1856–1939)