Rexel’s Waterman Sees More Strategic Acquisitions In Company’s Future

Rexel has made headlines with its 2006 acquisition of GE Supply (now Gexpro) and Hagemeyer earlier this year. As part of that deal, Rexel sold Hagemeyer’s U.S. operations to Sonepar, another global competitor. According to Dick Waterman, executive vice president and CEO, International Electric Supply Corp., Dallas, the U.S. holding company that oversees Rexel Inc. and Gexpro, the company will continue to make strategic acquisitions, although probably not on the grand scale of the GE Supply

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