Forbes is reporting that Rexel Chairman Jean-Charles Pauze said in the electrical distributor’s second-quarter conference call that the company has 30 potential acquisitions in its sights, with total revenues of 1 billion euro.
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The list of potential acquisitions are weighted toward emerging markets.
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Thanks to acquisitions, Rexel’s second-quarter rose nearly 30% to US$3.73 billion (2.729 billion euros). Organic growth was 3.3%.

Sales in the first half of 2007 were up 30% to US$7.3 billion (5.3 billion euros). Organic growth was 4.5%.

Strong sales in Europe and Asia-Pacific more than offset the slowdown in North America,” Pauze said in a release.

By region:

• Asia-Pacific: …
  
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