Expanding the Group’s footprint in the USA
In October 2021, Rexel entered into an agreement to buy Mayer, a major distributor of electrical products and services operating in the Eastern part of the United States.
Fully in line with the strategy and financial objectives Rexel presented at its Strategic Update last February, this acquisition is an important step in expanding Rexel’s footprint in the US, the world’s leading market for electrical supplies
Headquartered in Birmingham, Alabama, Mayer operates 68 branches in 12 states, with a strong presence in Alabama, Florida, Georgia and Pennsylvania. It employs 1,200 employees and generated sales of $1.2bn over the last twelve months through end-August 2021. Its customers are primarily in the commercial and industrial end-markets.