MAG45 is part of the Danish Solar Group and as such can draw on strong financial backing and corporate support.
A strong business base
Solar Group is a leading European sourcing and services company, operating primarily within the electrical, heating, plumbing, and ventilation technology sectors. Their core business focuses on product sourcing, value-adding services and the optimisation of their customers’ businesses. They believe in the power of yes and always strive to understand the customers’ unique and genuine needs in order to provide relevant, personal and value-adding services, turning customers into winners.
Revenue totalled more than $2.08 billion in 2022 and the group currently employs around 3,000 employees. Solar A/S has been listed on the Nasdaq Copenhagen since 1953, with the short designation SOLAR B. The stock is included in the MidCap+ index.
Want to know more about Solar? Visit www.Solar.eu.
“We define ourselves as a sourcing and services company. To follow this track, Solar acquired the Dutch integrated supply company, MAG45. MAG45’s integrated supply chain solutions let companies work with MAG45 and strategically manage sourcing, logistics and inventory of tail spend material in partnership”
The Solar Group