CBT Co., Cincinnati, OH, has agreed to purchase certain assets from Rexel, consisting of the Dayton, Hamilton and Greenville, OH, businesses. Paris, France-based Rexel will cease operations at its three facilities on Dec. 9, 2011.
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With the acquisition, CBT is now the full-line Rockwell Automation distributor in nine Ohio counties.
James E. Stahl Jr., president of CBT, told the Cincinnati Enquirer that taking on the Rexel distribution area is expected to increase CBT’s business by about 30 percent. This is the first expansion for CBT since 1975.