As at 1 January 2010, within the context of a strategic succession, the Daetwyler Group acquires the German Reichelt Elektronik, whose approx. 200 employees generate annual sales of around Euro 100 million. For Daetwyler, this will mean a further spurt for growth of its catalogue distribution business of industrial electronics, automation and computer accessories. It was agreed to maintain silence about the purchase price. Completion of the contract is scheduled for 1 January 2010 after usual regulatory conditions have been fulfilled.

Reichelt Elektronik will be integrated into the Daetwyler Technical Components Division, but will continue to operate under the Reichelt Elektronik brand. After its acquisition of the Swedish ELFA Group in spring 2008, with the acquisition of Reichelt Dätwyler in its catalogue distribution business makes the second spurt for growth within two years.

Due to quantities and economies of scale as well as thanks to strategic synergies the acquisition of Reichelt further upgrades the previous acquisitions of ELFA (2008, Scandinavia and Eastern Europe), Proditec (2006, Switzerland) and Schuricht (2001, Germany) as well as the Distrelec core business. With more than 50 operating companies, sales in over 80 countries and some 4,500 employees, Daetwyler generates approximately CHF 1,200 million in revenue.