Rexel sells Finland operations to Ahlsell
Rexel, a leading distributor of electrical products, solutions and services, has reached an agreement to sell its Finnish operations to Ahlsell, a Nordic regional distributor of installation products, tools and supplies. With 311 employees, Rexel’s Finland operations generated sales of €254 million in 2024.
The divestment of Rexel Finland is fully in line with the Group’s active portfolio management strategy, which prioritizes acquisitions in combination with targeted divestments designed to allocate resources to markets offering the highest value-creation potential for Rexel.
Since 2021, Rexel has acquired approximately €2.7bn1 worth of additional sales (14% of global turnover) and divested €600 million1 (c.3% of global turnover).
The completion of the transaction remains subject to customary regulatory clearance including the approval of the competition authorities.
