SCREWFIX ACQUIRES ASSETS OF CONNECT DISTRIBUTION SERVICES LIMITED

Screwfix, the UK’s leading omnichannel trade retailer and part of Kingfisher plc, today announces it has acquired the stock, intellectual property, contracts and fixed assets of Connect Distribution Services out of administration, for a cash consideration of £3 million, following the appointment of Alvarez & Marsal as administrators.

Connect Distribution Services Limited is the leading retailer of appliance spares, accessories and consumables to both tradespeople and consumers through digital and telephone channels.Screwfix will continue to operate the business as a going concern, acquiring its e-commerce platforms, stock, intellectual property and product data, with over 400 current Connect Distribution Services employees transferring to Kingfisher group.

Connect Distribution Services’ online trading brands, which include well-known sites such as eSpares, BuySpares, 4OurHouse and the Connect Trade Portal, will continue to operate as normal.

There are many opportunities for synergy, with both businesses serving B2B and B2C customers through leading digital and fulfilment platforms. Over time, Screwfix will explore opportunities to enable customers to Click & Collect orders through Screwfix’s convenient nationwide store network. There is also potential to generate synergies with other parts of the Kingfisher Group
Mike Denny, Alvarez & Marsal, Joint Administrator of Connect Distribution Services said: “We are delighted to have completed a sale of the majority of the business and assets of the CDSL group of companies to Screwfix, saving over 400 jobs. We wish the business every success under its new ownership.”

EU Commission: Is there a right to repairs

The European Commission Have adopted a new proposal for common rules to encourage the repair of electronic equipment. This should make it easier and cheaper to repair devices instead of replacing them, as the commission announced. Refurbed.at basically sees the move as the right signal, but the proposal in its current form unfortunately falls short of expectations, as the platform for remanufactured products says.
In recent decades, replacement of defective products has often been preferred to repair, and consumers have not been given sufficient incentives to have the goods in question repaired once the legal guarantee has expired, the EU Commission has criticized. The new proposal aims to make it easier and cheaper for consumers to have goods repaired instead of having them replaced. “In addition, higher demand will boost the repair sector and at the same time create incentives for manufacturers and sellers to develop more sustainable business models,” writes the EU Commission and continues: “The proposal will ensure

Five to ten years repairability
Customers should be able to request that manufacturing companies repair products that are technically repairable under EU law for a period of five to ten years . But of course there are no rules without exceptions at the European Commission either. This means that sellers are obliged to repair within the warranty period, “unless it is more expensive than an exchange,” it says.elektro.at HOME


EDITOR’S CHOICE
positive signal
EU Commission: Is there a right to repairs?
BACKGROUND | Stefanie Bruckbauer | 03/23/2023

The European Commission yesterday adopted a new proposal for common rules to encourage the repair of electronic equipment. This should make it easier and cheaper to repair devices instead of replacing them, as the commission announced. Refurbed.at basically sees the move as the right signal, but the proposal in its current form unfortunately falls short of expectations, as the platform for remanufactured products says.
In recent decades, replacement of defective products has often been preferred to repair, and consumers have not been given sufficient incentives to have the goods in question repaired once the legal guarantee has expired, the EU Commission has criticized. The new proposal aims to make it easier and cheaper for consumers to have goods repaired instead of having them replaced. “In addition, higher demand will boost the repair sector and at the same time create incentives for manufacturers and sellers to develop more sustainable business models,” writes the EU Commission and continues: “The proposal will ensure

Five to ten years repairability
Customers should be able to request that manufacturing companies repair products that are technically repairable under EU law for a period of five to ten years . But of course there are no rules without exceptions at the European Commission either. This means that sellers are obliged to repair within the warranty period, “unless it is more expensive than an exchange,” it says.

Companies should also provide information about which products they have to repair themselves. And: Citizens should be able to find out about repair services and points of sale for outdated goods on national mediation platforms.

The European Parliament and the EU states must now discuss the proposals and negotiate a compromise on the proposals. It may be some time before consumers really benefit from the project.

By the way: Of course, the environment should also be relieved by the project. Fewer discarded products naturally result in less waste and less material used in manufacturing. As a result, there are also fewer greenhouse gas emissions. It is estimated that 18.5 million tons of greenhouse gas emissions, 1.8 million tons of resources and 3 million tons of waste will be saved over 15 years.

Discarded products are often still usable goods that can be repaired, but are often thrown away prematurely, resulting in 35 million tonnes of waste, 30 million tonnes of wasted resources and 261 million tonnes of greenhouse gas emissions in the EU every year, according to the EU Commission. In addition, the loss consumers incur by choosing replacement over repair is estimated at nearly €12 billion per year.

Refurbed: “Basically a positive signal”
The online marketplace refurbed.at (which, according to its own statements, is committed to the development of a long-term circular economy) considers the initiative to be a “positive signal” for the development towards a sustainable circular economy.

Kilian Kaminski , co-founder of refurbed says: “The current linear model of production, consumption and waste processing is not sustainable – many of the resources we depend on are finite. Their exploitation brings us to the limits of our planet and destroys our livelihoods. To counteract this, the transition to a circular economic model, the circular economy, is necessary. The ‘right to repair’ is an essential milestone for this project. Because the repair and reuse of devices should not just be an option, but the new norm at European level. With a longer service life, fewer resources are used and fewer emissions are emitted.”Refurbed therefore calls for other elements to be considered in addition to the aspects of the proposal:

Consumers need the right information to make an informed purchasing decision. One possibility can be an EU repair score, which informs buyers whether a product can be repaired, how easy it is and what the costs are.
The repair sector is underdeveloped because it has never been a priority and this needs to change. Making repair the norm requires financial incentives that make repair affordable. This can be achieved through extended producer responsibility.
The principle of “repair before replacement” must be enshrined in law. The current proposal is not strong enough here. Products must be designed to be repairable – as long as manufacturers are allowed to replace damaged products when it is cheaper than repairing them, they will not adjust the design of their products. If repair is not possible, replacement should be made with a remanufactured item.

LG unveils vision for ThinQ smart home platform

LG Electronics said Monday it presented a blueprint for ThinQ, a platform brand that connects home appliances and consumer electronics with smart technology for higher efficiency, at the Connectivity Standards Alliance member meeting in Seoul.

Jung Ki-hyun, vice president of LG’s platform business center, attended the four-day event as a keynote speaker and shared the company’s vision for providing more consumer-friendly smart home services.

He outlined three core values of ThinQ: advancement, connectivity and openness.

“LG ThinQ will soon serve as a partner that enhances the lives of our consumers by creating a smart environment — whether that’s at work, home and on vacation — that is tailored to their lifestyles,” Jung said.

ThinQ users can enjoy heightened connectivity for LG home appliances by connecting ThinQ to the Internet of Things and other smart devices that enabled Matter, an Internet Protocol-based communications standard for smart home technologies.

In line with the global trend toward artificial intelligence-based service releases, LG looks to equip AI chatbot services and AI-based voice recognition technology to ThinQ.

It also hopes to propel ThinQ’s open innovation strategy by taking full advantage of the wide range of opportunities offered by AI. This includes providing support for virtual assistant software platforms such as Google Assistant and Amazon Alexa, which are gaining popularity across diverse consumer demographics.

“We are paving the way for the age of ambient computing. We will continue developing our AI technology and Internet of Things connectivity so our consumers can get the best smart home experience with ThinQ,” Jung said.

The CSA is an organization that drives collaboration in IoT by developing universal open standards that enable the connectivity and interaction of objects. It also specializes in the standardization of a protocol called Matter.

Alongside LG Electronics, this year’s event was attended by 134 members around the globe, including Apple, Amazon and Google.

Spare parts: LF becomes REPA Italia

Distributors in the supply of spare parts for professional kitchens LF, EPGC and GEV have undergone a total rebranding within the REPA group, becoming a single business. The three companies that form a division of Parts Town Unlimited, a leader in the distribution of parts for food service equipment, will be rebranded as REPA. For LF, the rebranding in REPA Italia strengthens the identity as part of an international group. REPA customers can count on the largest spare parts database in the sector and on the experience gained in over 40 years of presence on the market: from here derive some essential strengths such as rapid identification of spare parts, advanced logistics solutions and shipping times very fast.

“As a trusted partner of leading equipment manufacturers – comments Alexander Wiegand, CEO of the REPA Group -, the rebranding gives our customers access to even more spare parts in stock. On top of that, they will continue to enjoy the same benefits such as an easy-to-use webshop, mobile applications and a team of highly knowledgeable people who are always on hand to provide assistance should the need arise.” “Although part of the REPA Group since 2018 – adds Leonardo Raggi, CEO of REPA Italia -, the rebranding represents a key moment in the history of our company and further strengthens our position as a spare parts supplier”.

Copreci new factory

Copreci signed an agreement with local partners Fresh Electric, EBDA and El Araby to invest $7.6 million in the first plant in Egypt, which will produce 15 million safety valves for gas stoves. This new plant will start serial production in April 2023. This new plant will be added to those already established worldwide and will enable the company to expand its product portfolio in the region, an increasingly interesting market.

Egypt has 105 million inhabitants and an annual growth of 3 million people, a country that is moving towards industrial modernization, where the white goods sector is a priority in this development.

Copreci has been working for many years and has been the reference for gas stove solutions in Egypt. Now, hand in hand with its local partners, it is taking a further step to provide local support for the technical and growth challenges faced by companies in the domestic appliance sector in the country

Parts Town

PT Holdings, the parent company of Parts Town, a global leader in high-tech distribution of foodservice equipment parts, residential appliance parts, HVAC parts, and related products, today unveiled its new brand, Parts Town Unlimited. In addition, the company has announced a number of organizational changes to further accelerate growth and innovation. Parts Town Unlimited includes 45 unique brands across multiple divisions with nearly $2 billion in annual revenue and over 4,500 team members worldwide. The group is primarily focused on high-tech distribution of mission-critical replacement parts and related products.

The reorganization will support Parts Town Unlimited’s growth strategy, which includes a rapidly expanding product offering and global reach. The company will continue to emphasize digital leadership, operational excellence, and long-term high integrity partnerships, supported by its relentless focus on core values, people, and culture.https://www.partstown.com/about-us/pt-holdings-rebrands-as-parts-town-unlimited-announces-leadership-organizational-changes

Sabaf results

Sabaf is a company listed on the Italian Stock Exchange , which deals with the production of components for domestic gas cooking appliances, has published its financial results for the first nine months of 2022.with revenues up by 0.4% to 201.62 million euros, compared to the 200.77 million obtained in the first three quarters of 2021. gross operating margin which fell from 44.17 million to 33.46 million euro (-24.3%); as a result, margins worsened from 22% to 16.6%.The company’s net debt, given at the end of September 2022, had increased to 78.8 million euros, compared to 67.61 million at the beginning of the year. In terms of investments, Sabaf invested a total of 16.1 million euro in the first nine months of the year, while operating activities generated cash of 13.65 million euro.

However, Sabaf’s management confirmed the forecasts for 2022 which expect to achieve sales of between 253 and 256 million euros, including the consolidation of the fourth quarter results of the newly acquired PGA

Electrolux supplier awards

Electrolux recognized the performance of its top suppliers from around the world at its 10th Supplier Awards event. To share key messages with the suppliers were Electrolux Group leaders including Jonas Samuelson, CEO, Carsten Franke, COO, Ola Nilsson, Chief Experience Officer, Anna Ohlsson-Leijon, Chief Commercial Officer, Vanessa Butani, VP Sustainability, and Filippo Milanese, Chief Purchasing Officer. Among the winners, there is also Sabaf that won the award in the category Consumer Experience Awards – Taste. “Sabaf supplies various gas and electromechanical components for food preparation across all business areas – Electrolux explains –. They have helped to successfully launch a complexity reduction initiative, standardizing the gas burner elements for ranges across all factories and Business Areas and improving supply resilience, quality and cost”. The other winners are: Maersk (Supplier of the Year); Computime (Operational Excellence Awards – Direct Material); e-llis Supply Chain Solutions (Operational Excellence Awards –Service Provider); Plast Group (Consumer Experience Awards – Care); Suzhou Chunju (Consumer Experience Awards – Wellbeing); Ternium (Sustainability Award). “Congratulations to all of these winning suppliers – commented Filippo Milanese –. Whilst they represent diverse industries, from component manufacturing, raw material, equipment, finish product to logistic providers, they all have one thing in common: they excel in operational excellence, sustainability and innovation, which are key to delivering outstanding branded lifetime experiences for our consumers

Whirlpool opens a reconditioning center for its appliances in Italy

Whirlpool has opened a center for the reconditioning of its appliances in Carinaro (Italy), within the Whirlpool EMEA spare parts and accessories logistics hub. After a careful process of repair and quality control, the products are put back on the market for sale. “Sustainability is at the heart of our culture and, at Whirlpool, we are committed every day to lead the sector towards increasingly sustainable practices. This year we have set ourselves even more challenging goals, with the commitment to spread a culture that supports sustainability, offering an innovative service for green purposes – says Paolo Lioy, CEO of Whirlpool Italy and Iberia -. It is for this reason that we have decided to open a reconditioning center for our appliances in Carinaro. The reconditioned products are subjected to a series of tests to guarantee 100% product quality”.

Haier Care+Protect

Care+Protect is now a sub-brand from high-performing appliances brand Candy Hoover Group S.r.l., part of leading global household appliance manufacturer Haier Europe (branch of Haier Smart Home Co., Ltd).

The Haier Group was first established in 1984 and it’s now a world-leading provider of solutions to a better life. Haier is the number one brand globally in major appliances for 13 consecutive years and it has been included on the list of BrandZ™ Top 100 Most Valuable Global Brands for two consecutive years as the world’s first and only IoT ecosystem brand. Together with Care+Protect, the Haier Group is committed to working with its world-class ecosystem partners to continuously build a premium brand that offers effective and professional care for your home.

Antony Peart, Director of Brand & Communications at Haier Europe said, “This operation aims at strengthening Haier Europe’s position and growth in the UK, by leveraging on professional care products that are designed to protect, care and maintain the lifespan and effectiveness of household appliances over time.”

Care+Protect offers an extensive range of professional and universal products that are proven to protect household appliances.