# Rexel acquires Wasco Holding for €490 million

Rexel S.A. has acquired Wasco Holding B.V. from Gilde Equity Management Benelux B.V. and management for an enterprise value of approximately €490 million. Wasco generated revenue of about €540 million in the period ended April 30, 2023.

- Type: Acquisition
- Announced: 2023-09-01
- Where: Netherlands
- Value: $535.0M (490.0M EUR)
- Status: completed
- Products: electrical components and equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Rexel](https://endata.com/companies/5955.md) (acquirer)
- [Wasco](https://endata.com/companies/13763.md) (target)
- [Gilde Equity Management Benelux B.V.](https://endata.com/companies/72380.md) (investor)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/REXEL-47601/news/Rexel-S-A-acquired-Wasco-Holding-B-V-from-Gilde-Equity-Management-Benelux-B-V-and-management-45116677/), 2023-08-31: "The acquisition remains subject to customary conditions including completion of the consultation process of Wasco's works council and approval by the competition authority."

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