Newey and Eyre
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Industry | Trade, Maintenance & electrical |
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Headquarters | Luke Wayland, West Midlands |
Key people | Edgar Aponte- Rexel UK CEO Marcus Leek - Rexel UK CFO |
Products | Wiring, cable, HVAC, cable management, luminaries, circuit protection, sockets, Hand Tools, Fixings and Accessories, Lighting, LED, Safety and Workwear, |
Revenue | £630m GBP (2019) |
Number of employees | 2,135 (2019) |
Website | rexel |
Newey and Eyre was an electrical wholesaling company based in the United Kingdom. Founded in 1926, the company is now part of Rexel.[citation needed]
History
[edit]Established in 1926, Newey & Eyre has been an electrical wholesale organisation for the duration of its existence. Over the years, the business has been acquired by a number of different holding company but has remained relatively unchanged by the corporate mergers.
In 1993, investor group Hagemeyer acquired Newey & Eyre Group Ltd from Invensys PLC, and, in 2008, Newey and Eyre was acquired by Rexel.
In 2009, Newey and Eyre launched an online store, Neweys Online.
Newey & Eyre operates in the United Kingdom through a national network of nearly 130 branches with a profiled stock range of more than 32,000 different lines. Another 140,000 products are available either from stock or to special order. Newey and Eyre also hold a range of over 3,500 branded products called Newlec.
Newey and Eyre's head office is based in Birmingham, West Midlands at Eagle Court.
In 2008, Newey & Eyre opened the capital's first dedicated facilities management centre.
Newey & Eyre rebranded to Rexel as part of the One Rexel transformation program in 2016.