The 2020 Mid-Year Economic Update_long

Rexel Acquires French Distributor Sofinther

Acquisition strengthens Rexels "multi-energy expertise" in France.

Paris-based electrical distributor Rexel has acquired Sofinther, a Nantes, France-based distributor that specializes in thermal, heating and control solutions. Terms were not disclosed.

In 2014, Sofinther posted sales of €106 million (US$ million). The company has 206 employees and 24 branches spread across the country. The acquisition reinforces Rexel's "multi-energy expertise in France," the company said, and it will help Rexel grow its presence in thermal control and regulation, as well as in the connected devices markets.

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