Our history

In over half a century, Rexel has pursued organic and external growth to become a leading distributor of electrical products, solutions and services operating on three continents.

  • 1967: Creation of Compagnie de Distibution de Matériel Électrique (CDME) by LEBON company, operating through four subsidiary companies (Revimex, Facen, Sotel, and Lienard-Soval)

 

  • Expansion in France through the growth of family-owned regional businesses
  • 1978: Creation of a trade electronics and IT hardware distribution division and diversification into the industrial supplies trade
  • Expansion in Europe and the United States and IPO on the Second Marché of the French stock exchange
  • 1990: Acquisition of CDME by Pinault Group, which becomes its largest shareholder
  • 1993: Merger with Groupelec Distribution and a new name, Rexel
  • 1998: Expansion into the Australian and New Zealand markets through an operating presence
  • 2000: Setup of Rexel’s first joint venture in China, as Rexel Hailongxing
  • 2000: Setup of Rexel Italia and gradual adoption of the Rexel name by the company’s foreign subsidiaries
  • 2001:  Operations in 33 countries, with 75% of sales generated internationally
  • 2005: Sale of Rexel by Pinault Group to a consortium of investors and withdrawal from the Paris stock exchange
  • 2006: Acquisition of Gexpro in the United States
  • 2007: IPO on Euronext Paris (SBF 120 index)
  • 2008 – Acquisition of Hagemeyer, including Elektroskandia in Scandinavia, ABM in Spain, Newey & Eyre in the U.K., etc.
  • 2013: Creation of the Rexel Foundation
  • 2014: Change of governance with the introduction of a Board of Directors and a new regional reorganization (North America, Europe and Asia Pacific)
  • 2018: Exit from Southeast Asia
  • 2018: Acceleration of organic growth through digital transformation, moving toward a data-driven, omnichannel company offering high value-added services
  • 2018: New emissions-reduction goals, approved by the Science Based Targets initiative
  • 2021: Introduction of a new “Power Up 2025” strategy and corporate purpose, “electrifying solutions that make a sustainable future possible,” by new CEO Guillaume Texier
  • 2021: Acquisition of Mayer (U.S.), Winkle (U.S.), Valley Electric Supply (U.S.), Wesco Utility (Canada) and Freshmile (France)
  • 2022: Acquisition of Trilec (Belgium), Horizons Solutions (U.S.) and Mobility Work (France), and exit from Russia
  • 2023: Acquisition of Wasco (Netherlands), Teche Electric Supply (U.S.), Buckles Smith Electric Company (U.S.), Piscaer (Belgium), LTL (Canada) and Mavisun (France), exit from Spain, Portugal, Norway and the Middle East
  • 2024: Acquisition of Talley (U.S.), ESI (U.S.), Itesa (France) and APEX Automation (Canada)
  • 2025:  To meet accelerated demand for electrification, digitalization and energy-efficient, sustainable solutions, launch of a new “Axelerate 28” strategy focusing on four priorities: empowered teams, innovative services, operational excellence and an expanded value proposition
  • 2025: Acquisition of Schwing Electrical Supply and Warshauer Electric Supply (U.S.) as well as Jacmar (Canada)
  • 2025: Sale of Rexel’s business in New Zealand and ongoing process in Finland to focus on highest-potential markets