Around the Industry

Rexel continues acquisition binge with purchase in France

Rexel, Paris, has acquired the assets of Société Commerciale Toutelectric, a distributor in southwest France. This acquisition allows Rexel to extend its geographical footprint in France and enables the company to strengthen its relationship with its historical customer base of small and mid-sized installers, mainly dedicated to the residential and commercial end-markets. This operation should generate €85 million (approxi

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