Hagemeyer delisted after 70 years

Trading house Hagemeyer will be traded on the Amsterdam stock exchange for the last time on Friday following its takeover by French peer Rexel, news agency ANP reports.

The company, which started over 100 years ago as a trader of cheese, cigars, watches and other consumer goods with Indonesia, has been listed for 70 years.
Hagemeyer is the latest in a string of delistings. ABN Amro, Numico, Grolsch and Rodamco Europe have all disappeared from the bourse after being bought by foreign players.

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