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Rexel S.A. is a French company specializing in the distribution of electrical, heating, lighting and plumbing equipment, but also in renewable energies and energy efficiency products and services. The group has 1,950 points of sale in 19 countries and employs more than 27,000 people. [ 1 ]
Shares of Paris-listed Rexel, which distributes electrical parts to the buildings sector, closed at 22.97 euros on Friday, giving the company a market value of nearly 11 billion euros, including debt.
Over the years, the business has been acquired by a number of different holding company but has remained relatively unchanged by the corporate mergers. In 1993, investor group Hagemeyer acquired Newey & Eyre Group Ltd from Invensys PLC, and, in 2008, Newey and Eyre was acquired by Rexel .
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
On 23 November 2007, the board of Hagemeyer agreed to a €3.1 billion takeover offer from larger French rival Rexel. [4] Upon completion of the bid, some of Hagemeyer's units were then sold on to Sonepar, a privately held French company in the same sector. Sonepar had previously had its own lower bid for Hagemeyer rejected. [5]
The company saw its revenue nearly double from $1.1 billion in fiscal 2022 (ended July 31) to $2.2 billion in fiscal 2024. Free cash flow (FCF) did even better, more than doubling from $231.3 ...
Legendary Philadelphia Eagles linebacker Bill Bergey has died at age 79, his son, Jake, wrote in a post on X on Wednesday morning.. According to that same post, Bergey waged a three-year battle ...
2018: Legrand acquired the Chinese company Shenzhen Clever Electronic Co Ltd [44] and merged with Netatmo. [45] [46] [47] Same year, Legrand acquired a majority stake at Debflex, a leading French company specialized in the production of electrical equipment. [48] 2019: Acquisition of Connectrac, floor-based cable management. [49]