Presentation
| Date of initial investment | March 2005 |
|---|---|
| % held | 18.1% |
| Total investment | €464m* of equity (valuation: €3,700m) |
| Purchase price multiple | 10.3x 2004 EBITDA |
| Vendor | PPR |
| Governance | 3 seats in a 10-member Board of Directors |
* initial investment (before partial sale as of March 1, 2012)
Leading distributor worldwide of electrical supplies
As worldwide leader in the distribution of electrical supplies, Rexel operates in 36 countries through a network of around 2,200 branches, and has 28,000 employees. It achieved sales of almost 12 billion euros in 2010.
The Group’s strategy is firstly to accelerate organic growth by focusing on value-added services and solutions, particularly in the energy efficiency, renewable energy and major projects segments, and secondly to expand through external growth, especially in higher-growth countries.
