Rexel acquires Canadian utility distribution business from WESCO

Rexel announced it has acquired the Canadian Utility business of WESCO International, which operates four branches in Canada with approximately 60 employees and sales over $70M.

“This is a unique opportunity for Rexel to accelerate its development in Canada in the attractive and green hydro utility business and to increase its recurring service revenues.”globenewswire.com

• 1 source
• globenewswire.comREXEL ACQUIRES A CANADIAN UTILITY DISTRIBUTION BUSINESSREXELFeb 2, 2021

Summarized from public sources; check the original articles before acting on it.