Read more about this acquisition in our Premium article, “Behind the Deal.” Rexel (RXL:PA), an international multichannel distributor, has finalized a $456 million deal to acquire Mayer Electric, a family-owned distributor of electrical products and services based in Birmingham, Alabama. Rexel said in a statement that the acquisition reflects “a new strategic step to strengthen […]
Category: Mayer Electric
Behind the Deal: Why Did Rexel Acquire Mayer Electric — and Why Did Mayer Sell?
To continue reading this article you must be a paid subscriber. Subscribe to MDM Already Subscribed? Click here to log-in | Forgot your password? The acquisition is sure to shift MDM’s Top Electrical, Data & Security Distributors list for 2022 — Rexel was No. 5 and Mayer was No. 12 in the 2021 rankings. Rexel’s […]