REXEL 
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@rexel.com |
| Florence MEILHAC | +33 1 42 85 57 61 | florence.meilhac@rexel.com |
PRESS
| Pénélope LINAGE | +33 1 42 85 76 28 | penelope.linage@rexel.com |
| Brunswick: Thomas KAMM | +33 1 53 96 83 92 | tkamm@brunswickgroup.com |
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: REXEL via Globenewswire
