KESA
Encyclopedia
Kesa Electricals plc is a major British
-based French multinational consumer electronics
and household appliance
retailing group. It is the third largest electrical group in Europe. It is dual-listed on the London Stock Exchange
and Euronext
and is a member of the FTSE 250 index.
. In 2007 the Company bought Menaje Del Hogar, a Spanish electrical retail chain. The Company sold its Swiss
operation on 6 July 2009.
and owns several European retailers including Comet in the United Kingdom, and 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.
Its structure is as follows:
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
-based French multinational consumer electronics
Consumer electronics
Consumer electronics are electronic equipment intended for everyday use, most often in entertainment, communications and office productivity. Radio broadcasting in the early 20th century brought the first major consumer product, the broadcast receiver...
and household appliance
Major appliance
A major appliance, or domestic appliance, is usually defined as a large machine which accomplishes some routine housekeeping task, which includes purposes such as cooking, or food preservation, whether in a household, institutional, commercial or industrial setting...
retailing group. It is the third largest electrical group in Europe. It is dual-listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
and Euronext
Euronext
Euronext N.V. is a pan-European stock exchange based in Amsterdam and with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. In addition to equities and derivatives markets, the Euronext group provides clearing and information services...
and is a member of the FTSE 250 index.
History
The Company was formed in 2003 by a demerger from Kingfisher plcKingfisher plc
Kingfisher plc is a multinational retailing company headquartered in London, United Kingdom. It is the largest home improvement retailer in Europe and the third-largest in the world...
. In 2007 the Company bought Menaje Del Hogar, a Spanish electrical retail chain. The Company sold its Swiss
Switzerland
Switzerland name of one of the Swiss cantons. ; ; ; or ), in its full name the Swiss Confederation , is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe,Or Central Europe depending on the definition....
operation on 6 July 2009.
Operations
Kesa Electricals is based in LondonLondon
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
and owns several European retailers including Comet in the United Kingdom, and Darty in France. It also has sourcing offices based in Paris
Paris
Paris is the capital and largest city in France, situated on the river Seine, in northern France, at the heart of the Île-de-France region...
and Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
, as well as a wholly owned wholesaler of electrical accessories, Dacem
Dacem
Dacem is a wholesaler of electrical accessories, established in 1984. The company sources products, negotiates with suppliers, purchases products and brings them into its warehouse and afterwards sells the products, normally to electrical retailers....
, who supply all of Kesa's European operations.
Its structure is as follows:
- Darty France: Retail in FranceFranceThe French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
. They own 214 stores with 282,700 square metres of selling space - Darty Italy: Retail in ItalyItalyItaly , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...
. They own 23 stores with 19,750 square metres of selling space - Darty Turkey: Retail in TurkeyTurkeyTurkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...
. They own 6 stores with 8,200 square metres of selling space - BCC: Retail and E-commerce in NetherlandsNetherlandsThe Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...
. They own 50 stores with 64,900 square metres of selling space - Vanden Borre: Retail in BelgiumBelgiumBelgium , officially the Kingdom of Belgium, is a federal state in Western Europe. It is a founding member of the European Union and hosts the EU's headquarters, and those of several other major international organisations such as NATO.Belgium is also a member of, or affiliated to, many...
. They own 57 stores with 60,800 square metres of selling space - Datart: Retail in Czech RepublicCzech RepublicThe Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the northeast, Slovakia to the east, Austria to the south, and Germany to the west and northwest....
/ SlovakiaSlovakiaThe Slovak Republic is a landlocked state in Central Europe. It has a population of over five million and an area of about . Slovakia is bordered by the Czech Republic and Austria to the west, Poland to the north, Ukraine to the east and Hungary to the south...
. They own 32 stores with 33,400 square metres of selling space - Menaje Del Hogar: Retail in SpainSpainSpain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...
and PortugalPortugalPortugal , officially the Portuguese Republic is a country situated in southwestern Europe on the Iberian Peninsula. Portugal is the westernmost country of Europe, and is bordered by the Atlantic Ocean to the West and South and by Spain to the North and East. The Atlantic archipelagos of the...
. They own 67 stores with 79,500 square metres of selling space