Brammer and IPH unite to create a {EUR}2.2bn European industrial distribution giant

摘要

THE EUROPEAN industrial equipment distributors Brammer and IPH have combined to form a single business, called IPH-Brammer, with close to {EUR}2.2bn in revenues and more than 8,000 employees in 23 European countries. The business will be headquartered in London, with Pierre Pouletty, former CEO of IPH serving as CEO of the merged operation, and Hermann Maier, former CEO of Brammer, serving as its chief operating officer.