Who owns Maplin now?
Who owns Maplin now?
In December 1994, the private equity firm Saltire plc acquired Maplin Electronics from its founders, with the intention of merging its operations with another electronics distribution business in its portfolio, Altai. In June 2001, Graphite Capital led the £41 million management buy out of Maplin.
When did Maplin close down in UK?
In 1999, Maplin launched its own website, and the following year, sales from the site hit UK £1million. The Southend-on-Sea headquarters also closed in 2000, and all operations were moved to Wombwell.
What is Maplin Far East operations?
Maplin Far East Operations was first established in 1992 when Maplin Electronics set up its first Far Eastern branch office in Taipei, Taiwan to strengthen buying power. The office was in charge of product sourcing, purchasing, inspecting, shipping and payment arrangement from Taiwan and was known as the Far East Operations Centre.
