# 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.

- Type: Acquisition
- Announced: 2021-02-02
- Where: Canada, Canada
- Value: $70.0M
- Jobs: 60
- Status: completed
- Products: pole line hardware, cable accessories, connectors, transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Rexel](https://endata.com/companies/5955.md) (acquirer)
- [WESCO International](https://endata.com/companies/44467.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2021/02/02/2167834/0/en/rexel-acquires-a-canadian-utility-distribution-business-from-wesco.html), 2021-02-02: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.