Paris-based electrical distributor Rexel has acquired Sofinther, a Nantes, France-based distributor that specializes in thermal, heating and control solutions. Terms were not disclosed.
In 2014, Sofinther posted sales of €106 million (US$ million). The company has 206 employees and 24 branches spread across the country. The acquisition reinforces Rexel's "multi-energy expertise in France," the company said, and it will help Rexel grow its presence in thermal control and regulation, as well as in the connected devices markets.
