Utilizing joint strengthening strengths and creating synergies – that is the goal of the new cooperation between EQIP, France’s leading building fittings association, and EDE International AG.
“When two successful organizations join forces, both sides can gain strength. We look forward to a long-term and trusting collaboration with EQIP,” says Annegret Franzen, Managing Director of EDE International AG. With an external turnover of around 2 billion euros, 17 member companies and 750 sales outlets in France and Belgium, EQIP is the leading association of independent distributors specializing in hardware for the construction and industrial supply sectors. It is primarily aimed at professionals from the construction sector, industry and the public sector.
Strong partnership at eye level
EQIP has been cooperating with EBH (Euro Baubeschlag Handel AG) since 2018. The merger with EDE International followed on November 1, 2023. The independence of both organizations will be maintained 100 percent, in particular through the continued differentiated market presence and independent marketing and advertising activities. However, joint activities in the areas of goods procurement, logistics, purchasing and services are gradually being examined. “We can benefit from each other in these areas, learn from each other and ultimately increase profitability and achieve cost benefits on both sides,” explains Annegret Franzen.
Merger offers advantages for both parties
Anne-Marie Bihel, Managing Director of EQIP, is also convinced of the potential of the new partnership: “After intensive negotiations, we are delighted that we can now start with the E/D/E Group and thus achieve important purchasing advantages for our French and Belgian members. This will further consolidate our position as the leading building fittings association,” Bihel is certain.
One of the next important steps on the cooperation agenda has already been decided. The aim is to provide an exclusive purchasing range for EQIP members, as all of them can access E/D/E’s services. There are also plans to take over central payment for other EQIP members in the future.
Download press release as PDF: EDE_Press_Release_EDE International_EQIP
