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Dixons Retail and Carphone Warehouse complete their merger

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Mark

Dixons Carphone plc starts trading

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Dixons Retail and Carphone Warehouse have confirmed the completion of their merger, which was first announced in May.

The combined Dixons Carphone plc business will employ over 40,000 people in 14 countries, including the Carphone Warehouse, Currys and PC World stores in the UK.

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Carphone Warehouse co-founder Sir Charles Dunstone will be company chairman, with former Dixons CEO Sebastian James becoming Group Chief Executive and former Carphone Group Chief Exec Andrew Harrison now Deputy Group Chief Executive. Katie Bickerstaffe remains as UK/Ireland CEO of the Dixons business and Graham Stapleton is still UK/Ireland CEO for Carphone Warehouse.

Sebastian James, Group Chief Executive of the new company, said “Today is a big day: our shares officially start trading on the stock exchange and we are off to a flying start with the opening of our first seven combined shops. Customers using Currys, PC World and Carphone Warehouse websites will be guided to the right place to buy from the whole range that we have to offer together – from a toaster to the latest smartphone. Our offices now proudly show our new combined identity and up and down the country we are delivering a clear message to our teams and to our customers: We are one.”

“We’re creating an organisation for the future where the products are just the beginning. We will not only help customers to access the technology and the connectivity that is right for them, but also find the expertise and services that bring them to life - the first and best company to offer this complete end-to-end proposition.”

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George Reid

Good luck for the new company. "I am a shareholder"

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