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New Deal


Announced

Completed

Rexel completed the acquisition of Canadian Utility business of WESCO International.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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utility distribution

Multi-Utilities

Canada

Private

Acquisition

Domestic

Friendly

Completed

Single Bidder

Majority

Synopsis

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Rexel, a provider of the multichannel distribution of products and services for the energy world, completed the acquisition of Canadian utility business of WESCO International, a multinational electronics distribution and services company. Financial terms were not disclosed. “This is a unique opportunity for Rexel to accelerate its development in Canada in the attractive and green hydro utility business and to increase its recurring service revenues,” Roger Little, Rexel Canada Group Executive Committee member and Chief Executive Officer.

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