Rexel agrees to acquire wire and cable distributor GCG in $1.4 billion deal

T2Covered by 1 source · first reported by Modern Retail / Digital Commerce 360 / AgFunderNews at 29 Sept, 15:04 UTC

The electrical supplies and services distributor Rexel announced that it plans to acquire the specialty wire and cable distributor GCG in a deal that could bolster revenue for the new parent company. Rexel, which is headquartered in France, valued GCG at $1.4 billion in the transaction, according…

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Sources

• T2Rexel agrees to acquire wire and cable distributor GCG in $1.4 billion dealModern Retail / Digital Commerce 360 / AgFunderNews29 Sept, 15:04