# 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.

- Type: Acquisition
- Announced: 2021-10-06
- Where: Birmingham, Alabama, United States
- Value: $456.0M
- Jobs: 1,200
- Status: announced
- Products: electrical products and services
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Rexel](https://endata.com/companies/5955.md) (acquirer)
- [Mayer](https://endata.com/companies/58188.md) (target)

## Sources

- [rexel.com](https://www.rexel.com/en/rexel-enters-into-an-agreement-to-buy-mayer-to-expand-its-footprint-in-the-usa), 2021-10-06: "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."

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