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:
“Moderation is the feebleness and sloth of the soul, whereas ambition is the warmth and activity of it.”
—François, Duc De La Rochefoucauld (1613–1680)
“Every writer is necessarily a critic—that is, each sentence is a skeleton accompanied by enormous activity of rejection; and each selection is governed by general principles concerning truth, force, beauty, and so on.... The critic that is in every fabulist is like the iceberg—nine-tenths of him is under water.”
—Thornton Wilder (1897–1975)