For 3Q 2023, sales in North America were $2.21 billion, an increase of 2.7%, while sales in Europe were $2.38 billion, an increase of 3.4%.
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The company's 2023 second quarter included one new acquisition and the naming of a new Chief Strategy Officer.
The acquisition will double Rexel's size in the Netherlands.
The French electrical distributor said total 1Q 2023 sales across the globe increased 12.6% versus the same period last year.
The pace of mergers and acquisitions among industrial distributors and manufacturers stalled in March following several strong months.
Rexel said the deal continues its goal to bolster services along Louisiana’s Interstate 10 corridor and strengthens its Gulf Central Region.
The contract includes a potential maximum of 41,500 stations, which can be ordered during the contracts period of performance.
Rexel's full-year sales benefited from the company's acquisitions of Mayer and Horizon Solutions.
The pace of M&A activity accelerated in January, as industrial distributors and manufacturers reported four-dozen deals to start the year.
Since the start of 2021, France-based Rexel has acquired approximately $1.85 billion of sales via 10 transactions.
The company said it's expanding its presence as a leading authorized Rockwell Automation distributor as it strengthens its California Region.
Rexel said the acquisition will allow it to expand its presence as a Rockwell Automation distributor in the Northeast U.S.
Rexel USA says Brad Paulsen will succeed Jeff Baker, who is retiring after 15 years but will remain on the company’s board of directors.
John Pehler, who joined the company Jan. 10, has been appointed chief digital officer after previous jobs at Grainger and Caterpillar.
International multichannel distributor Rexel USA says it has closed on its acquisition of Winkle Electric Company.
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As a new member, Rexel Canada can now fully participate in the various ETIM NA Product Expert Groups of its choosing.
