#REXEL SENTE PROFESSIONAL#
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This acquisition considerably strengthened the European positions of the Group, doubling its sales in the market, increasing its number of branches by 50% and giving it an operating presence in five new countries. In March 2008, Rexel acquired a majority stake in the European assets of the Hagemeyer Group (Number 3 worldwide at the time): The company was floated on the Euronext Paris stock exchange on April 4, 2007.Ģ008 – Acquisition of a majority stake in the European assets of Hagemeyer In 2007, Rexel changed its legal status to become a French Société Anonyme with a Management Board and Supervisory Board. Renamed Gexpro, this subsidiary expanded Rexel’s ability to offer services to industrial key accounts.Ģ007 – Initial Public Offering of Rexel (Euronext Paris, SBF 120 index) In 2006, the Group acquired GE Supply, the US distribution subsidiary of General Electric, and became the market leader in North America and Asia-Pacific.

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In order to continue refocusing on its core business, Rexel made a series of asset disposals, but also made new acquisitions: 29 small and midsize companies were acquired during this period. Rexel withdrew from the Paris stock exchange on April 25, 2005.Ģ006 – Acquisition of Gexpro (formerly GE Supply) in the US

In March 2005, the PPR (Pinault-Printemps- Redoute) Group sold Rexel to a consortium of investors led by Clayton, Dubilier & Rice, Eurazeo and Merrill Lynch Global Private Equity. At this time, the Group is the world leader in its sector, with 1,900 branches and 25,000 employees in 33 countries, and is actively pursuing its acquisition policy.Ģ005-2008: COPING WITH GLOBAL CONSOLIDATION OF THE ELECTRICAL EQUIPMENT DISTRIBUTION MARKETĢ005 – Rexel was acquired by a consortium of investors, and withdrew from the Paris stock exchange In 2001, international markets generate 75% of Rexel sales.

The first joint venture is created in China under the name of Rexel HailongxingĢ001 – 75% of Rexel sales are generated in international markets.Rexel Italia is born out of a merger between 10 Italian subsidiaries in 2000.Willcox and Gibbs in the US becomes Rexel Inc.The Group’s foreign subsidiaries gradually adopt the Rexel identity: Rexel continues to strengthen its position in France, Europe, and the US, and continues to expand internationally. In the 1990s, the Group refocused on the distribution of electrical equipment: most of its trade electronics distribution business was sold in 1988, and in 1994, Rexel separated from its subsidiary GDFI, France’s leading distributor of industrial supplies.ġ998 – An operating presence in Australia and New ZealandĢ000 – An operating presence in China and Canada In June 1993, CDME merged with Groupelec Distribution (Number 3 on the French market) and changed its name to Rexel. The Pinault Group acquired CDME in December 1990 and became its largest shareholder. The company established a US operating presence in 1986.ġ990-2005: CONSTRUCTION OF THE REXEL GROUP IN FRANCE AND INTERNATIONALLYġ990-1993 – Acquisition of CDME by the Pinault Group and creation of Rexel, created from the merger of CDME and Groupelec Distribution In 1983, its shares were floated on the Second Marché of the French stock exchange, and with more than 20% of the French market – and 6% globally – the company became France’s leading distributor of electrical equipment. In 1978, it opened a trade electronics and IT hardware distribution division and diversified into the industrial supplies trade.ġ983 – Flotation on the Second Marché of the Paris stock exchangeįrom the 1980s onwards, CDME began to expand in Europe and around the world.

Rexel developed out of the Compagnie de Distribution de Matériel Électrique (CDME), created in 1967 by the LEBON company, which operated through 4 subsidiary companies: Revimex, Facen, Sotel, and Lienard-Soval.Īs a specialist in electrical equipment sales, CDME expanded in France by acquiring family-owned regional businesses. Each one has contributed to making Rexel the key player in the energy transition that it is today.ġ967-1980: REXEL’S ORIGINS AND THE CREATION OF CDME Distinctive for its pioneering commercial spirit and unwavering goal of operational excellence, there have been several decisive periods in the Group’s history.

#REXEL SENTE PROFESSIONAL#

Rexel has been contributing to the development of the professional electrical supplies distribution market in France and worldwide for nearly 50 years.

Rexel sente