![]() In early 2012, the group acquired the companies Delamano and Etil, becoming a leader in the Brazilian market. As a result, Rexel strengthened its position in China with the acquisition of Lucky Well Zhineng and notably penetrated markets in Brazil (Nortel Suprimentos Industriais), India (Yantra Automation) and Peru (where it bought V&F Technologia, a Lima-based distributor of electrical equipment distributor). In 2011, the company began seeking acquisitions in emerging markets. With 2,500 points of sale in 34 countries, the group was a leading player in this sector. In 2008, Rexel held around 9% of the world market for the distribution of professional electrical equipment. Rexel was the largest or second-largest market player in Germany, Spain, United Kingdom, Norway, Sweden and Finland. Following that acquisition, Rexel doubled its total sales in Europe, increased the number of points of sale by 50%, and entered the markets of five new countries (Finland, Norway and the Baltic States). In March 2008, Rexel acquired the majority of Hagemeyer's European assets (Elektroskandia in Scandinavia, ABM in Spain and Newey & Eyre in the United Kingdom). The company was listed on the Paris stock exchange on Apon the Euronext market. ![]() ![]() In 2007, Rexel changed its legal status to become a French public limited company (société anonyme) with a management board and supervisory board. In 2007, Rexel teamed up with the Sonepar Group to make a joint offer to purchase the Hagemeyer Group which was then number 3 worldwide. Gexpro reinforced the group's provision of services to major industrial accounts. That moved Rexel into the number one position in North America and Asia-Pacific. In addition to the 29 small and medium-sized acquisitions it made over the period, in 2006 the group bought the American distribution subsidiary of General Electric, GE Supply, which it renamed Gexpro. It disposed of certain assets while embarking on a series of acquisitions. The Rexel Group continued refocusing on its core business. Rexel was de-listed from the Paris Stock Exchange on April 25, 2005. The consortium members included Clayton, Dubilier & Rice, Eurazeo and Merrill Lynch Global Private Equity. The PPR (Pinault-Printemps-Redoute) Group announced the sale of Rexel, which was finalized on March 16, 2005, with the Ray Investment consortium acquiring shares in the company. in 1995 Rexel Italia was born in 2000 from the merger of 10 Italian subsidiaries and the first joint venture was formed in China under the name Rexel Hailongxing. Willcox and Gibbs in the United States became Rexel Inc. The group's subsidiaries gradually adopted the Rexel brand identity abroad. Indeed, in 1988 it had sold most of its professional electronics distribution interests and in 1994 it separated from its subsidiary GDFI, France's largest distributor of industrial supplies. The company re-centered its operations on the distribution of electrical equipment. In the 1990s, the group continued to strengthen its business in France, Europe and the United States. That is when the group took on the name Rexel. In June 1993, CDME joined forces with Groupelec Distribution. CDME was then the leading distributor of electrical equipment in France (30% market share), Belgium and Portugal. The electrical equipment distribution subsidiary accounted for 38% of the Pinault Group's total sales. The Pinault Group acquired CDME in December 1990 and became its main shareholder. In 1987, Compagnie Française de l'Afrique Occidentale (CFAO) became the main shareholder of CDME (68%). At that time, it had 350 points of sale, 65 of which were abroad. In 1986, it began doing business in the United States. The company then held more than 20% of the market share in France and 6% worldwide. In 1983, CDME joined the unlisted securities market of the Paris Stock Exchange. In 1978, the company launched a professional electronic and computer equipment distribution branch and diversified into the industrial supplies business.īeginning in the 1980s, CDME began its expansion into European and international markets by setting up in Cyprus, Saudi Arabia, Portugal, Benelux, West Germany, Singapore and Canada. It specialized in electrical equipment sales and grew in France through the acquisition of regional family businesses. CDME was the result of the merger of four companies: Revimex, Facen, Sotel and Lienard-Soval. ![]() The Rexel Group is the descendant of Compagnie de Distribution de Matériel Électrique (CDME), which was created in 1967 by Compagnie Lebon.
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