# Rexel S.A. agrees to acquire ITESA

Rexel S.A. entered into an agreement to acquire ITESA from the Pages family. ITESA had 158 employees and reported a turnover of €78 million in 2023. The transaction is subject to regulatory approval and expected to close in H2 2024.

- Type: Acquisition
- Announced: 2024-04-29
- Where: France
- Status: announced
- Products: electrical components and equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Rexel](https://endata.com/companies/5955.md) (acquirer)
- [ITESA](https://endata.com/companies/77117.md) (target)

## Sources

- [in.marketscreener.com](https://in.marketscreener.com/quote/stock/REXEL-47601/news/Rexel-S-A-entered-into-an-agreement-to-acquire-ITESA-from-Pages-family-47501645/), 2024-04-29: "The transaction remains subject to the approval of the French competition authority and is expected to close in second half of 2024."

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