QUADRANT HOUSE, HEATHROW WEST

LANGLEY, SLOUGH

A high quality, mixed office and warehouse facility

21,615 sq ft arranged over ground and first floor.

Acquired on behalf of

Matsushita Avionic Systems Corporation

A subsiduary of Matsushita Electric Company Ltd*

 

 

*Matsushita Electric Industrial Co., Ltd. 1006, Oaza Kadoma Kadoma City, Osaka, Phone: 81-6-6908-1121 Fax: 81-6-6908-2351 http://www.mei.co.jp Key Numbers Exchange: NYSE Ticker: MC Fiscal Year-End: March 1999 Sales ($ Mil.): 63667.7 1-Yr. Sales Growth: 7.4% Employees: 282000 Key People CEO: Yoichi Morishita CFO: Motoi Matsuda Matsushita Electric Industrial, the world's #1 consumer electronics maker (ahead of Sony), may have an unfamiliar name, but its brands are recognizable: Panasonic, Quasar, Technics, and JVC, to name a few. Matsushita sells consumer products (which account for 43% of sales) such as VCRs, CD and DVD players, TVs, and home appliances; industrial products such as computers, telephones, and industrial equipment (welding and vending machines, medical equipment, car navigation equipment); and components such as batteries, semiconductors, and electric motors. The Matsushita group includes more than 220 affiliates in over 45 countries. Its products are sold worldwide; Asia accounts for nearly 70% of sales.

 

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