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Rexel Group, through its Italian subsidiary Rexel Italia, acquired a large majority stake and control of Tecno Bi, an Italian industrial automation solutions company with annual turnover of around EUR 35 million.
Rexel Italia, part of French group Rexel, acquired a 90% majority stake and control of Tecno-Bi, an Italian company specializing in high-value industrial automation solutions. The closing is subject to government approvals.