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European business products reseller Manutan has said its annual revenue has increased for the 11th year in a row. The company – whose most recent financial year ended on 30 September 2023 – reported sales of around €946 million ($1.03 billion), a comparable increase of 5.6% versus the previous year. It said growth was driven
European reseller group Manutan recently hired a new Managing Director for its Papeteries Pichon school and educational supplies business in France. Taking on the role is Claudine Banzet, an experienced sourcing and purchasing executive who spent more than 25 years at organic food brand Bjorg and its parent company Ecotone. At Papeteries Pichon, she succeeds
Manutan’s B2B Enterprises unit grew like-for-like sales by more than 10% in the first quarter of its 2022/2023 financial year. In the three months to the end of December 2022, Enterprises reported revenue of €189 million ($203 million), 10.1% higher on a comparable basis than in the prior-year period. All reporting regions registered increases, with
Meeting on 19 December, the board of directors at European MRO and business supplies reseller Manutan unanimously approved the move by the controlling Guichard family to take the firm private. The transaction was announced at the end of October. The Guichard family group proposed to acquire Manutan’s publicly listed stock – about 26% of its
European MRO and business products reseller Manutan managed to keep its FY2022 margin levels in line with its sales growth. In October, the France-based group reported its revenue figures for the 12 months ended 30 September 2022, with the top line growing by 10.6% (adjusted to 9.8% on a like-for-like basis) to €906.5 million ($907
The majority shareholders of European MRO and business products reseller Manutan are prepared to pay a hefty premium to take the company private. The Guichard family group – comprising Jean-Pierre Guichard, Claudine Guichard, Xavier Guichard and their family holding – have proposed a public tender offer to acquire all of the company’s outstanding shares. They
MRO and business supplies reseller Manutan and European procurement marketplace Unite have each promoted country managers to regional positions. At Manutan, Jonathan Metcalfe, Managing Director of its UK Enterprise Division has been named Regional Managing Director for the UK, Nordics and Eastern Europe. Meanwhile, Constance Martiny Sondag, previously Country Manager France at Unite for more
European MRO and business products reseller Manutan has reported comparable top-line growth of almost 10% in its most recent financial year. In the 12 months to the end of September 2022, the France-based group achieved revenue of €906.5 million ($883 million). This was a 10.6% increase year on year as reported, or a 9.8% improvement
European MRO and business supplies reseller Manutan has developed an innovative system to help choose products according to their environmental and social impacts. Following a pilot phase launched earlier this year with cleaning products and storage trays, Manutan is now deploying this scheme on a broader scale. The approach consists of providing comprehensive information for
European MRO and business supplies reseller Manutan has reported good double-digit sales growth in the third quarter of its financial year. In the three months to 30 June 2022, the France-based group achieved revenue of €231.5 million ($232 million), an increase of 15.3% as reported, or 15.6% at constant exchange rates. Growth was seen across