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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at La Afeb organiza un desayuno con sus asociados

The Afeb organized a breakfast with partners

11/07/2008

July 11, 2008

The June 26, took place the fifth of the well-known "breakfasts of the Afeb, breakfast organized by the Asociación de Fabricantes Spaniards of DIY and hardware with the goal of closer relations between manufacturers and distributors.
The breakfast consisted of a meeting between the representatives of Bricogroup and a score of manufacturers associated with the Afeb.
Then Bricogroup and the Afeb stressed the importance of the tandem suppliers-bricogroup as the main cause of Bricogroup move from 14 points of sale, in the year 2000, to 75 points of sale in 2007. They especially emphasized the fact of the separation of two large companies associated with Bricogoup (Bricoking and Ardy) which occurred in the year 2007, which meant the separation of no less than 51 percent of its capital, what meant them moving from 43 to 78 stores21-19 partners and reducing its presence from 15 to 13 autonomous communities.
However, as stressed the Chairmen of the two organizations present at the meeting, the singular of this case is that the separation of the shareholding, far from producing a slowdown or deceleration that produces is a reinvestment, while incorporating four new partners: Polanco, Alpuente, Plomer and Center Toti.

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Asociación de Fabricantes de Bricolaje y Ferretería

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