Latest Intelligence on Electricals and Electronics in Portugal

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Expert View
Expert View

Sonae: Spanish acquisition marks entry into struggling electricals market

Sonae, the giant Portuguese conglomerate, is set to enter the beleaguered Spanish electricals market with its Wortem chain, after acquiring the Spanish arm of French electricals specialist Boulanger. However, a challenging macroeconomic environment and feisty competitors will make its quest to become a prominent market player far from smooth sailing.

Published By Datamonitor
27 Aug 2008

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