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Announced

Rexel USA to acquire Horizon Solutions.

Synopsis

Rexel USA, a provider of electrical supplies and services, agreed to acquire Horizon Solutions, a wholesale distributor of electrical and industrial products. Financial terms were not disclosed. “We are thrilled to welcome Horizon Solutions to the Rexel USA family. We have long admired Horizon Solutions as it is a company led by strong core values and a passion for serving their customers. We are also excited for the opportunity to further our market presence and ability to serve our customers in the New England and Upstate New York markets because of this acquisition. Christopher Monoson, our Northeast Region President, and his entire team are looking forward to working with the Horizon Solutions team to deliver outstanding service and solutions for our customers," Brad Paulsen, Rexel USA CEO.

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