# European Commission approves Rexel's acquisition of Wasco

The European Commission authorized the acquisition of Wasco Group B.V. by Rexel Développement S.A.S. under a simplified merger control procedure, finding no competition concerns.

- Type: Acquisition
- Announced: 2023-08-28
- Where: Netherlands
- Status: completed
- Products: electrical systems distribution, sanitary and air-conditioning products
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Wasco](https://endata.com/companies/13763.md) (target)
- [Rexel Développement S.A.S.](https://endata.com/companies/72273.md) (acquirer)

## Sources

- [agenceurope.eu](https://agenceurope.eu/en/bulletin/article/13237/17/european-commission-gives-green-light-to-rexels-acquisition-of-wasco), 2023-08-27: "The Commission found that the proposed acquisition, notified on 2 August, would not raise any competition concerns, as its impact on market structure would be very limited."

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