Rexel to acquire Mayer for $456M to expand in USA

Rexel has reached an agreement to acquire Mayer, a distributor of electrical products in the eastern USA, for an enterprise value of $456 million. Mayer operates 68 branches in 12 states and generated $1.2 billion in turnover.

“Rexel announces it has reached agreement to acquire Mayer, a major distributor of electrical products and services in the Eastern part of the USA, further building up its presence in the world's leading market for electrical supplies.”rexel.com

• 1 source
• rexel.comRexelAlexandre GuilleminOct 6, 2021

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