Electrical distributor also says bolt-on acquisitions will fuel growth, streamlines European operations.
Latest In Rexel
The global electrical distributor also acquired Thai company "4 Knights International."
Rexel will hold a 65 percent stake in Rexel Arabia Electrical Supplies.
The sale, worth 320 million (US$411.7 million), marks the final step of Eurazeos gradual divestment from Rexels capital.
The electrical distributor combined two of its three European zones to streamline its management structure.
The new position combines the CEO roles for Rexel Holdings USA and Rexel Canada Electrical Inc.
Electrical distributor reports growth in U.S. but challenges globally.
Rexel is acquiring Quality Trading, Esabora and Lenn International.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Ray Investment will retain 24 percent of Rexel after the sale.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Eurazeo’s ownership stake will fall to 10.9 percent as a result of this sale.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Sales drop was heavily impacted by European conditions.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Graybar tops diversified wholesalers segment list.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Sales growth for the global electrical distributor driven by strategic acquisitions; on a constant, same-day basis, sales were down 1.8 percent.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Rexel global sales increased 7.2 percent in the third quarter.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Profit for the global electrical distributor fell 28.4 percent.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Global distributor will capitalize on Platts reputation in the Pacific Northwest.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Platt Electric Supply had more than US$350M in sales in 2011; acquisition will strengthen Rexel’s position in Western U.S.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
