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Rexel strengthens its market share in Belgium through the acquisition of Electro-Industrie en Acoustiek

In June, Rexel acquired Electro-Industrie en Acoustiek, an electrical distributor based in the Antwerp port. The company mainly addresses clients of the industrial zone of Antwerp’s port and benefits from a strong industrial end-market exposure.

With around 30 employees and 3 branches, Electro-Industrie en Acoustiek posted sales of c. €15 million in 2014, with profitability above Group average.