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First-quarter sales for the Paris-based electrical distributor grew 7.1 percent.
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Electrical distributor also says bolt-on acquisitions will fuel growth, streamlines European operations.
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Sonepar’s acquisition of Industrial Distribution Group is, in many ways, an end mark on a 20-year timeline of industry trends, challenges and shifts, all rolled into one deal. Where shall we begin? The best place is back to the future.
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Conditions ripe for additional market moves nationally across all sectors.
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The global electrical distributor also acquired Thai company "4 Knights International."
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Rexel will hold a 65 percent stake in Rexel Arabia Electrical Supplies.
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