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Rexel Acquires Brohl & Appell

Acquisition strengthens Rexels position in the U.S. in industrial automation.

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Fred Boehler named president and chief executive officer.

Fourth quarter sales decreased 0.7 percent year-over-year.

Productivity decreased 0.4 percent in the fourth quarter.

Finance

Acquisition complements Acme's existing brands and products.

Profit rose to $330.4 million.

Purchase expands company's automated material handling and storage sector.

Fourth quarter sales increase 10.9 percent year-over-year.

DeFeo replaces Nolan as president and CEO.

Sales to manufacturing customers improve 1.9 percent.