WEx Photographic sold

[StewartR]

My account manager at WEx Photographic just rang me to tell me that yesterday the company was acquired by Aurelius Equity Opportunities, an investment company based in Munich. You've probably never heard of Aurelius, but last year they acquired Calumet and obviously they'll be looking to merge the two brands at some point in the future.

 

[gramps]

Didn't Wex take over Fixation last year as well?

 

[gman]

Hopefully it won't end up being the large Wex range of products at Calumet prices!

 

[StewartR]

Didn't Wex take over Fixation last year as well?

The year before last, actually, but only just over a year ago. October 2015.

 

[antc]

Mmmmm. Not sure if this is good news or not?! I must say I have always had good service from them, I hope that won't change.

 

[BBR]

It is less competition so probably not a good thing for people who buy new. I nearly always buy used so won't bother me much.
Of more concern is why, it will be a pity if market conditions lead to an absence of 'physical' retail outlets.

 

[Fuji Dave]

Mmmmm. Not sure if this is good news or not?! I must say I have always had good service from them, I hope that won't change.

Agree, as I have always got new stuff from Wex so I hope they don`t put their prices right up.

 

[gramps]

Of more concern is why,

I wonder if the clue is in the name?

Aurelius Equity Opportunities

 

[chrism_scotland]

As long as they keep WEX prices I don't mind, wouldn't mind my local Calumet being re-branded as WEX... if the prices are competitive.