REXEL : REXEL STRENGTHENS ITS PRESENCE IN ASIA AND FURTHER DEVELOPS IN OIL & GAS SEGMENT WITH THE ACQUISITION OF LENN INTERNA...
26 November 2013 - 6:04PM
Following the two bolt-on acquisitions unveiled this morning in its
Investor Day press release, Quality Trading in Thailand and Esabora
in France, Rexel, a global leader in the professional distribution
of products and services for the energy world, announces a third
bolt-on acquisition: Lenn International.
Based in Singapore, Lenn International is a wire
and cable distributor focused on the offshore Oil & Gas market
with customers across South-East Asia. Lenn International generated
sales of c.20 million euros in the last fiscal year.
This acquisition enhances Rexel's offer in the
Oil and Gas vertical segment, one of its strategic high-growth
initiatives, and strengthens its presence in Asia, in line with its
external growth strategy, which aims notably at expanding the
Group's presence in developing markets.
Rexel, a global leader in the professional
distribution of products and services for the energy world,
addresses three main markets - industrial, commercial and
residential. The Group supports customers around the globe,
wherever they are, to create value and run their businesses better.
With a network of some 2,300 branches in 37 countries, and over
31,000 employees, Rexel's sales were €13.4 billion in 2012. Its
main shareholders are an investor group led by Clayton, Dubilier
& Rice, Eurazeo and BAML Capital Partners.
Rexel is listed on the Eurolist market of
Euronext Paris (compartment A, ticker RXL, ISIN code FR0010451203).
It is included in the following indices: SBF 120, CAC Mid 100, CAC
AllTrade, CAC AllShares, FTSE EuroMid, STOXX600. Rexel is also part
of the following SRI indices: DJSI Europe, FTSE4Good Europe &
Global, STOXX Europe Sustainability, EURO STOXX
Sustainability, Euronext Vigeo Europe 120 and
ESI Excellence Europe. Finally, Rexel is included on the Ethibel
EXCELLENCE Investment Registers in recognition of its performance
in corporate social responsibility (CSR). For more information,
visit Rexel's web site at www.rexel.com
Rexel strengthens its presence in Asia:
http://hugin.info/143564/R/1745956/587657.pdf
Contacts
Financial Analysts / Investors |
Press |
Marc MAILLET |
Pénélope LINAGE |
+33 1 42 85 76 12 |
+33 1 42 85 76 28 |
marc.maillet@rexel.com |
penelope.linage@rexel.com |
Florence MEILHAC |
Brunswick: Thomas
KAMM |
+33 1 42 85 57 61 |
+33 1 53 96 83 92 |
florence.meilhac@rexel.com |
tkamm@brunswickgroup.com |
HUG#1745956
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