Rexel takes over Wilts
Rexel has strengthened its presence in the United Kingdom through the acquisition of the assets of Wilts Wholesale Electrical.
The distributor of electrical supplies has announced the acquisition of 59 branches of Wilts Wholesale Electrical, one of the largest independent distributors of electrical supplies operating in England and Wales.
This move complements Rexel's position in UK and is consistent with it’s aim of strengthening its market share in key mature markets.
This acquisition will be consolidated as from 1 March 2012 and is expected to generate sales of around €60 million on an annualised basis.
Wilts Wholesale Electrical
Founded in 1925 and based in Trowbridge (Witshire), Wilts Wholesale Electrical operates through 59 branches located in England and 3 located in Wales. The family-owned company is one of the largest independent distributors of electrical supplies in the United Kingdom.
Rexel in the UK
Rexel is the largest electrical distributor in the United Kingdom. Operating over 380 branches across England, Wales and Scotland, Rexel's activity in the UK in 2011 contributed over €950 million to the Group's consolidated revenues and posted strong organic growth (+8.1%).
Rexel serves three main end markets; industrial, commercial and residential. The Group operates in 37 countries, with a network of some 2,100 branches, and employs over 28,000 people.
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