Completion of the sales of operations in latin America
Following the press release dated April 30, 2015, Rexel announces it has completed today the sale of its operations in Latin America, after receiving the approval of the relevant anti-trust authorities.
This sale is part of the disposal program launched by Rexel early 2015 and which is expected to be completed by the end of 2016 at the latest (see press release dated February 12, 2015).
The sale of the Latin American operations represents approximately 40% of the entire disposal program.