Altrad marches on

Extrait du fichier (au format texte) :

IRN

1/2

March 2009 Interview

Altrad marches on
Altrad Group in France recently bought the Belle Group in the UK. Patrick Hill talked with AItrad's chief executive officer, Mohed Altrad, at BelIe's headquarters just after the ink on the contract had dried. Mohed Altrad does not know exactly where in fine Syria he was born, or exactly when (see box). However, you get the impression be knows certainly where he is businesswise and where his company, the Altrad Group of France, is going. The most recent step along the journey was the purchase in February of Belle Group in the UK for £10 million (11.1million). Altrad's main product is scaffolding (see box); Belle's is concrete mixers. However, Altrad's purchase of Belle shouldn't surprise mixers are 20% of the French's company's business and it bought its largest French mixer competitor last year. Buying companies is business as usual for Altrad. lt has acquired approximately 30 since its founding in 1985, building a group with revenues last year of 445 million. The reasons for buying Belle are straightforward. One is that Belle is well established in the large UK market, where Altrad was under-represented (Ninety percent of Altrad's revenues are in mainland Europe.) Altrad has also gained Belle's distribution network -- 6000 dealers in France, Portugal, Russia, Poland, Spain, and Virginia in the US. "Belle is a platform to distribute other products," says Dr Altrad, although distribution overlaps will have to be sorted out. Belle is also a bridge to "Go to America, go to other regions, go to where the British and the English language have gone". As big as the American market is, "lt is too early to say what plans Altrad has for the US market. We didn't look at it for the moment, but we see potential," Dr Altrad tells lRN. In addition to the geographic expansion, says Dr Altrad, his company has gained a significant distribution channel. "Belle sells only to rental companies. Altrad does not. Now we have the chance to cross sell our products." Plans for Belle include a cash injection, introduction of Altrad products into its line up -- including scaffolding -- and redundancies to adjust manufacturing capacity. Belle's plant in Poland will be closed. Dr Altrad thinks concrete mixers will become "green: less noise, electricity, and petrol. They will be more compact, to be easier for logistics." Belle spent £1 million (1.1 million) on R&D in 2008, mainly to improve the performance of current products. Altrad's range of mixers, including the RB750H pictured, meets the needs of DIYers as well. The brand will most likely become Altrad Belle, conforming to the French company's practice. Former chairman Ron Blackhurst, son of Belle founder Doug Blackhorst, is "out of the picture" says Dr Altrad, and it is "too early to say anything" about the roles of other managers, including Belle managing director Ray Neilson. The chief executive doesn't seem worried about buying Belle in a down construction market. "Belle is down 30%, but Altrad is down only 10%", he says. "We know our turnover will drop, that our profit will drop. However, the way we have designed our business, the drop would have to be 35% for us to have a loss."

Press contact
125, rue du Mas de Carbonnier - 34000 Montpellier - France Tel. +33 (0)4 99 64 30 39 altrad@altrad.com www.altrad.com/

IRN

2/2

March 2009 Interview

Given the company's history of acquisitions, you shouldn't be surprised to hear Dr Altrad confirm that more are likely: "There are a lot of opportunities now. We'd like to stay within our business, which is based upon steel and tube manufacturing." Also looking forward, the possibility of a public flotation is not likely. Dr Altrad shares 17% ownership of Altrad with French bank Credit Agricola and has no plans to take the company public. "I want to keep our freedom and flexibility. We don't need cash, and we have the best notation [bank rating] that exists, from the Bank of France. We don't need to be better known. We have one million clients that buy from us all over the world." Given those strengths, how far down the road of growth could Altrad travel in the next five years? "We can double in size without changing [our operating] ratios. It will be easy," says Dr Altrad.

Arabic and European
Mohed Altrad was born a Bedouin in Syria but does not know exactly where or when. As a youth he won a government-funded opportunity to study in France. There he earned a PhD in computer science and worked for two computer companies. Dr Altrad then spent five years in the United Arab Emirates, working for its oil ministry, and four more years in Abu Dhabi. Back in France 1995 because of schooling plans for his children and looking for opportunity, he bought a bankrupt scaffolding company, Mefran. The international exposure has helped give Dr Altrad an appreciation of the importance of culture in business. "Altrad has a great deal of experience in dealing with a lot of different cultures", he says, "We started in Italy, went on to Germany and Poland." Since expanding further into Europe, Altrad Group also established two companies in China. "We learn the cultures of our companies' countries, as I have had to learn. I began in the South of France. l had to learn French and to accept the French culture," says Dr Altrad. Despite the global orientation of his company, Dr Altrad's roots are clear: "l am Arabic. I behave like an Arab when with other Arabs. However, l don't forget that l am French, that I am a European, too."

The Altrad Group
The Altrad Group in France comprises 55 companies in 18 countries. Revenues in 2008 were 445 million, of which 263 million, up 17 million from 247 million in 2007, was from more than 100 other countries. Operating profit was 23 million and net profit almost l2 million. Sales breakdown ( million and % of total) was: sales of scaffolding, 196, 44%; scaffolding rental: 114 (26%): concrete mixers, 91 (20%); tubular products for local authorities, 23 (5%); wheelbarrows, 20 (4%). The group has 2700 permanent employees (1000 in sales and associated positions) working in 14 countries and 700 temporary staff. It has 18 factories in 11 countries - across Europe, in Tunisia, and in China.

Press contact
125, rue du Mas de Carbonnier - 34000 Montpellier - France Tel. +33 (0)4 99 64 30 39 altrad@altrad.com www.altrad.com/

Dans la boutique



Doublé pour Altrad
Doublé pour Altrad
10/10/2010 - www.altrad.com
Capital Finance www.lesechos.fr 1/1 Hebdomadaire 19 Avril 2010 BTP Doublé pour Altrad A ltrad prend part à la consolidation du marché des échafaudages, des bétonnières et des brouettes. Coup sur coup, le groupe, fondé il y a vingt-cinq ans par Mohed Altrad, a procédé à deux opérations de croissance externe. Fin 2009, il a repris à ses fondateurs la marque et le fonds de commerce du croate Limex. La transaction s'est effectuée via la création d'une sociéte dotée de 7 M de capital....

Les secrets de notre énergie
Les secrets de notre énergie
10/10/2010 - www.altrad.com
1/1 Courrier cadres www.courriercadres.com Quotidien 2 novembre 2008 Par Yves Lusson Les secrets de notre énergie Je suis animé par un esprit de combattant  Mohed Altrad, romancier et fondateur d Altrad, leader mondial des bétonnières E n vingt ans, j ai fondé une entreprise qui compte 3500 salariés, leader mondial dans son domaine. J écris mon troisième roman. Je travaille de 16 à 18 heures par jour. Je suis animé par l urgence de réaliser le plus de choses possibles. Je...

Chaque jour, il vend 1000 bétonnières
Chaque jour, il vend 1000 bétonnières
10/10/2010 - www.altrad.com
Capital www.capital.fr 1/1 Mensuel Juin 2009 / N°213 Chaque jour, il vend 1 000 bétonnières S on âge, il ne le connaît pas ; sa tribu bédouine ne délivrait pas de certificat de naissance. En revanche, Mohed Altrad sait qu'il soufflera les 25 bougies de sa société l'année prochaine. Étudiant immigré de Syrie dans les années 1960, créateur d'entreprise en 1985 et acheteur compulsif de concurrents depuis lors, l'enfant des déserts dirige aujourd'hui le leader mondial de la bétonnière,...

Altrad completes Belle restructuring
Altrad completes Belle restructuring
10/10/2010 - www.altrad.com
International rental news www.khl.com 1/2 30 September 2009 Written by Murray Pollock Altrad completes Belle restructuring F rench company Altrad has completed the restructuring of the Belle Group business it acquired in January this year. Around a third of Belle's staff -- 130 people -- have left the company, including all the seniordirectors, with the exception of managing director Ray Neilson who remains in position. The Leek spare parts and Warranty operation has been closed and moved...

Altrad, groupe leader
Altrad, groupe leader
10/10/2010 - www.altrad.com
Les Echos www.lesechos.fr 1/2 Quotidien 27 Mars 2008 Altrad : Echafaudages, bétonnières et brouettes, produits tubulaires pour collectivités Altrad, Groupe leader Plus de 50 filiales en France et dans le monde, plus de 3 200 salariés dont les 2/3 à l'étranger Chiffre d'affaires semestriel 2007/2008 Milliers d'euros sept.2007 / fév.2008 sept.2006 / fév.2007 variation Chiffre d'affaires périmètre comparable Chiffre d'affaires périmètre réel 203 060 211 626 185 945 185 945 + 9,2...

Lire l'article
Lire l'article
10/10/2010 - www.altrad.com
1/3 Le Point www.lepoint.fr Hebdomadaire 7 Janvier 2010 / N°1947 Rubrique : Economie Par Romain Guber Mohed Altrad, le roman d un entrepreneur Saga. Itinéraire d un fils de Bédouin, leader européen de l échafaudage & et romancier D ordinaire, lorsqu un patron prend la plume, le lecteur de son livre a de grnades chances de découvrir l  époustouflante-saga-d un-maître-du-mondeenfin-racontée-par-lui-même  ou le parcours méritant d un homme, certes riche à millions de stock-options,...

Le métissage des cultures enrichit m...
Le métissage des cultures enrichit m...
10/10/2010 - www.altrad.com
Management www.capital.fr 1/3 Mensuel Octobre 2010 Rubrique : Idées / Entretien Par Marie Peronnau Le métissage des cultures enrichit mon entreprise Aujourd'hui à la tête d'un fleuron du BTP, ce fils du désert a dû batailler ferme pour s'imposer. De ce parcours exemplaire, il a tiré une sagesse à toute épreuve. a rage de surmonter les obstacles, Mohed Altrad l'a depuis son enfance Orphelin de mère, rejeté par son père et sa tribu, ce fils de Bédouin a très tôt vu dans les études...

Belle adds to the mix
Belle adds to the mix
10/10/2010 - www.altrad.com
Executive Hire Show www.executivehireshow.co.uk 1/1 Belle Adds to the mix N ow part of the Altrad Group (Baromix), Belle will introduce several new group products. The Belle and Baromix range of mixers will be exhibited side by side for the first time, along with the comprehensive Fort wheelbarrow line-up. New and improved high-performance plate compactors and a trench rammer will be unveiled, and modifications to benefit hirers and end users have been incorporated into a new range of Belle...
 

fiche produit accessoires BRIO ECO3 et BRIO+
fiche produit accessoires BRIO ECO3 et BRIO+
10/03/2012 - kaufelfr.tnb.com
Les accessoires Packs Pack BRIO+ 226 700 Livré avec 1 BRIO+ 60L A et 1 kit directionnel blanc. Photo Pack BRIO ECO3 226 800 Livré avec 1 BRIO ECO3 60L A et 1 kit directionnel blanc. non contractuelle Pose encastrée Dim.* Platine d'encastrement sans porte-étiquette 660 005 Accessoires 240x152x39 Poids Encastrements 230x140x50 64 g Murale Plafond Platine d'encastrement avec porte-étiquette 660 004 Accessoires 240x152x39 Encastrements 230x140x50 Poids 364 g Dim.* Drapeau Plafond Kit...


25/10/2024 - www.simons-voss.com
Résumé en cours de création pour ce fichier PDF


28/09/2024 - www.vescom.com
Résumé en cours de création pour ce fichier PDF

Heidelberg Materials d?voile son nouveau guide Ma?onnerie
Heidelberg Materials d?voile son nouveau guide Ma?onnerie
31/03/2025 - www.n-schilling.com
Résumé en cours de création pour ce fichier PDF

PDF Grille de calepinage B2B Télécharger - Blard
PDF Grille de calepinage B2B Télécharger - Blard
23/03/2018 - www.blard.fr
GRILLE DE CALEPINAGE GAMME B2B BOÎTES DE BRANCHEMENT SECTIONS 300 x 300 ET 400 x 400 A JOINT PLASTOMÈRE BLARD - BP 124 - 27501 PONT-AUDEMER CEDEX - Fax : 02 32 41 33 80 - Tél : 02 32 41 00 08 CLIENT : OBSERVATIONS : CHANTIER : Maître d'ouvrage : Maître d'Suvre : RESPONSABLE : SECTION 300 x 300 N° Hauteur de l  ouvrage SCF 5 SCF R.O. TBH* 7 29 +ou-5 cm GL L * 4 GL L Euro Euro 300* 300** E.D. Tampon 40 30 15

Wts Handbk En
Wts Handbk En
24/07/2024 - d2tsmyh31fn7w8.cloudfront.net
WATER FUNDAMENTALS HANDBOOK First Edition ii DRISTEEM WATER FUNDAMENTALS HANDBOOK Water Fundamentals Handbook First Edition Steve Felber DRISTEEM WATER FUNDAMENTALS HANDBOOK iii Copyright © 2017 by DRI-STEEM Corporation All rights reserved. No part of this publication may be reproduced or transmitted, in any form or any means, without the written permission of the company. Printed and bound in the United States of America. First printing September 2017. DRI-STEEM Corporation 14949 Technology...