REXEL :REXEL STRENGTHENS ITS POSITION IN THE AUTOMATION AND MRO SERVICES IN THE US THROUGH THE ACQUISITION OF BROHL & APPELL
(Thomson Reuters ONE) -
REXEL STRENGTHENS ITS POSITION IN THE AUTOMATION AND MRO SERVICES
IN THE US THROUGH THE ACQUISITION OF BROHL & APPELL
Rexel, a global leader in the professional distribution of products and services
for the energy world, announces the acquisition of Brohl & Appell, a US
specialist in industrial automation and MRO services, based in Ohio.
This acquisition strengthens Rexel's position in the US in industrial
automation, which represented around 15% of total sales in the US in 2015. It
complements its industrial MRO offer, while providing a springboard to
profitable growth opportunities with complementary product and category
expansion, in addition to new energy efficiency propositions and customer
productivity tools and technology.
With about 60 employees, Brohl & Appell, founded in 1889, has built a strong
partnership with Rockwell Automation. In 2015, it delivered sales of ?24 million
through 7 branches and posted profitability above Group average.
The transaction, subject to customary conditions, should close in late February
2016.
ABOUT REXEL GROUP
Rexel, a global leader in the professional distribution of products and services
for the energy world, addresses three main markets - residential, commercial and
industrial. The Group supports its customers to be at their best in running
their business, by providing a broad range of sustainable and innovative
products, services and solutions in the field of technical supply, automation
and energy management. Rexel operates through a network of some 2,100 branches
in 35 countries, with c. 28,000 employees. The Group's sales were ?13.1 billion
in 2014.
Rexel is listed on the Eurolist market of Euronext Paris (compartment A, ticker
RXL, ISIN code FR0010451203). It is included in the following indices: SBF 120,
CAC Mid 100, CAC AllTrade, CAC AllShares, FTSE EuroMid, STOXX600. Rexel is also
part of the following SRI indices: DJSI Europe, FTSE4Good Europe & Global, EURO
STOXX Sustainability, Euronext Vigeo Europe 120 and ESI Excellence Europe.
Finally, Rexel is included on the Ethibel EXCELLENCE Investment Register in
recognition of its performance in corporate social responsibility (CSR). For
more information, visit Rexel's web site at www.rexel.com
CONTACTS
FINANCIAL ANALYSTS / INVESTORS
Marc MAILLET +33 1 42 85 76 12 marc.maillet(at)rexel.com
Florence MEILHAC +33 1 42 85 57 61 florence.meilhac(at)rexel.com
PRESS
Pénélope LINAGE +33 1 42 85 76 28 penelope.linage(at)rexel.com
Brunswick: Thomas KAMM +33 1 53 96 83 92 tkamm(at)brunswickgroup.com
Rexel strengthens its position:
http://hugin.info/143564/R/1983489/726920.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: REXEL via GlobeNewswire
[HUG#1983489]
Unternehmensinformation / Kurzprofil:
Datum: 03.02.2016 - 18:01 Uhr
Sprache: Deutsch
News-ID 448476
Anzahl Zeichen: 3729
contact information:
Town:
Paris
Kategorie:
Business News
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