Electrical distributor Schaedler Yesco Distribution Inc., Harrisburg, Pennsylvania, announced it has acquired the Pittston, Pennsylvania, and Johnson City, New York, locations owned and operated by Rexel USA.
Latest In Rexel
For the first nine months, total group sales were up 3.6%.
For the first six months, total group sales were up 3.7% to 6.8 billion (US$7.6 billion).
Roger Little has been named the head of Rexel Canadas operations.
The openings make a total of four locations in the Dallas-Fort Worth market.
Total group sales were up 2.1 percent in the first nine months.
Total group sales were up 2.4 percent in the first six months.
Grgoire Bertrand will resume duties as CFO for Europe.
Company reports profit of 57 million (US$63.3 million) for quarter.
Acquisition strengthens Rexels position in the U.S. in industrial automation.
Divestiture follows sale of Latin American operations last year.
Acquisition strengthens Rexels "multi-energy expertise" in France.
Acquisition strengthens Rexels market share in Belgium.
Company reports loss of 19 million (US$63.3 million) for quarter,
Thierry Delarue appointed to newly-created position.
The acquisition strengthens Rexels expertise in high value-added services.
