Distribution: Moteo terminates Reaction activities
Moteo, the motorized two-wheeler division of the Belgian group Alcopa, has just announced the cessation of the distribution activities of its French subsidiary Re’action based in the Lille suburbs. The Hallènes-lez-Haubourdin (59) site will cease operations on February 22 and the distribution of brands hitherto handled by Re’action (Nissin, …
Moteo, the motorized two-wheeler division of the Belgian group Alcopa, has just announced the cessation of the distribution activities of its French subsidiary Re’action based in the Lille suburbs. The Hallènes-lez-Haubourdin (59) site will cease operations on February 22 and the distribution of brands hitherto provided by Re’action (Nissin, Kenda, Vector and Mivv) will continue via Moteo and its European subsidiaries..
"Market degradation"
"The deterioration of the motorized two-wheeler market in Western Europe has led management to refocus its distribution subsidiaries by country", explains Moteo, which at the end of 2014 undertook the reorganization of its logistics activities for the distribution of adaptable parts and accessories on the ten European countries where the group operates.
The accounts of Re’action, a company created in 1994 which became a subsidiary of Moteo in 2004, had been in the red since 2009, with in particular some 334,000 euros in losses in 2013 for a turnover of 7 million euros. The company, which employed around twenty people, had already lost the distribution of the SW-Motech brand, following an internal takeover of this activity by the German group since its .
Re’action "will continue to honor orders until January 31" but its distribution activities will therefore end "at the beginning of February", announces Moteo, assuring that "Re’action employees will be offered reclassification offers within other group entities, in France and in the rest of Europe "…
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