Rexel consolidates its position in Australia with the acquisition of EIW
Rexel, leading distributor worldwide of electrical supplies, announces the acquisition of EIW Holdings in Australia, a new step in the Group’s bolt-on acquisition strategy. This transaction reinforces Rexel’s number one position in the high growth Asia-Pacific region.
EIW Holdings consist of 16 branches, 9 in Western Australia, and 7 in New South Wales, and has 189 employees. Annual sales in the financial year ending June 2007 were circa 100 million euros*.