Rexel Makes Three Acquisitions
Rexel, the Paris-based distributor of electrical supplies, has made three acquisitions in Belgium, the United Kingdom and the U.S. The moves follow Rexel’s bolt-on acquisition strategy aimed at broadening its footprint in Europe and North America.
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U.S.: Tri-Valley Electric Supply
Tri-Valley Electric Supply is an electrical and datacom distributor that serves commercial and industrial segments in Arizona. Tri-Valley posted 2006 sales of US$5.5 million (& euro; 4M) and has 15 employees.
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Belgium: Boutet
Boutet is a distributor of electrical supplies in Eastern Belgium with sales of & euro; 18 million (US$24.5M) in 2006 and 50 employees. Through this acquisition, Rexel Belgium, which already has 26 branches, will further …
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