On Dec. 8, 2005, Rexel, the largest electrical distributor in the world, completed the sale of its Brazilian business to Ferramentas Gerais, the Brazilian leader in the supply of MRO parts.
Active in several states in Brazil, Rexel Brazil posted 2004 sales of $43.7 million through a network of seven branches and 250 employees. With this sale, Rexel is withdrawing from a country where its market share and projected profitability levels were not in line with the group’s objectives, the
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