Dutch distributor Hagemeyer has acquired SIA Energo, an electrical distributor in Latvia. The acquisition of Energo, through Hagemeyer's fully-owned Finnish subsidiary Elektroskandia Oy, follows on the acquisition of Kolorits, announced earlier this week.   ; Energo has revenues of more than & euro; 10 million and over 50 employees. The company is predominantly active in the Construction and Installation market and specialized in the wholesaling of cables.   ; Before the acquisitions of Energo and Kolorits, Hagemeyer operated in Latvia through its subsidiary SIA Elektroskandia, which has annual revenues of & euro; 10 million and about 40 employees.   ; We are very happy with the acquisition of Energo," says Rudi de Becker, CEO of Hagemeyer. "This acquisition, on top of last week's acquisition of Kolorits, gives us a leading position in the growing electrical wholesale market in Latvia and strengthens our leading position in the Baltic countries."