Profile: Systemax Inc (SYX.N)
19 Sep 2014
Systemax Inc. (Systemax), incorporated in 1995, is a direct marketer of brand name and private label products. The Company’s operations are organized in two business segments: Technology products and Industrial products. Its Technology Products segment sells computers, computer supplies and consumer electronics which are marketed in North America and Europe. Its Industrial Products segment sells an array of industrial products and supplies, which are marketed in North America. Most of these products are manufactured by other companies. Some products are manufactured for the Company to its own design and marketed on a private label basis. The Company sells its products through Website campaigns, banner ads and e-mail campaigns. In June 2014, Systemax Inc acquired SCC Services B.V., a supplier of business-to-business IT products and services with operations in the Netherlands.
During the year ended December 31, 2011, the Company produced a total of 15 full-line or direct mail publications in North America and Europe under distinct titles. Its portfolio of catalogs includes brand names as TigerDirect.com, Global Computer Supplies, TigerDirect.ca, Misco, Global Industrial, Nexel and Inmac WStore. The products offered by its Technology Products segment include individual technology products in the categories, such as computers, computer parts, television and video, audio, cameras and surveillance, car and global positioning system (GPS), cell phones, software, video games and toys, home and office, and other products. The products offered by its Industrial Products segment include individual industrial products in the categories, such as material handling, storage and shelving, workbench and shop desks, packaging and supplies, furniture and office, foodservice and appliances, janitorial and maintenance, tools and instruments, fasteners and hardware, motors and power transmission, HVAC/R and fans, electrical and bulbs, plumbing supplies, and safety and medical items.
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