Revere Electrical Supply acquired by Rexel

Rexel has entered into a definitive agreement to acquire Revere Electrical Supply, a family-owned American distributor. This strategic transaction marks another significant step in Rexel's ambitious external growth strategy in North America, representing its sixteenth acquisition in the region since 2020. The move is designed to substantially expand Rexel’s geographic footprint in the Midwest, a key industrial hub in the United States, thereby reinforcing its overall market position. Furthermore, the acquisition significantly strengthens Rexel’s capabilities and presence in the high-growth industrial automation segment. This market is underpinned by favorable long-term structural trends, including the increasing need for advanced manufacturing processes and industrial efficiency. By integrating Revere's specialized expertise, particularly its strong partnership as a Rockwell Automation reseller, Rexel aims to enhance its value proposition to industrial clients. The transaction is anticipated to be immediately accretive to Rexel’s earnings and is projected to begin creating substantial value within three years of closing. This acquisition underscores the company's commitment to accelerating growth through a disciplined combination of value-creating acquisitions and sustained organic development.

By taking control of Revere Electrical Supply, Rexel continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Wasco in 2023.