M&A Deal Summary

Rexel Canada Electrical Acquires WESCO Utility Business

On February 1, 2021, Rexel Canada Electrical acquired distribution company WESCO Utility Business from WESCO

Acquisition Highlights
  • This is Rexel Canada Electrical’s 1st transaction in the Distribution sector.
  • This is Rexel Canada Electrical’s 1st transaction in Canada.
  • This is Rexel Canada Electrical’s 1st transaction in Ontario.

M&A Deal Summary

Date 2021-02-01
Target WESCO Utility Business
Sector Distribution
Buyer(s) Rexel Canada Electrical
Sellers(s) WESCO
Deal Type Divestiture

Target

WESCO Utility Business

Ontario, Canada
WESCO Utility Business is a distributor of electrical products.

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Buyer(S) 1

Buyer

Rexel Canada Electrical

Mississauga, Ontario, Canada

Category Company
Sector Distribution
Employees2,220
DESCRIPTION

Rexel Canada Electrical, Inc. is a distributor of electrical products that deliver quality products and high-quality services. Rexel Canada Electrical is based in Mississauga, Ontario.


DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER

WESCO

Pittsburgh, Pennsylvania, United States

Category Company
Founded 1922
Sector Distribution
Employees20,000
Revenue 21.8B USD (2024)
DESCRIPTION
WESCO's corporate headquarters in downtown Pittsburgh, Pennsylvania.
WESCO's corporate headquarters in downtown Pittsburgh, Pennsylvania.

WESCO is a distributor of electrical, data communications, general maintenance, repair, and operating (MRO) and electrical OEM products. WESCO was founded in 1922 and is based in Pittsburgh, Pennsylvania.


DEAL STATS #
Overall 3 of 5
Sector: Distribution M&A 3 of 4
Type: Divestiture M&A Deals 1 of 3
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-13 Anixter International

Glenview, Illinois, United States

Anixter International, Inc. is a distributor of Network & Security Solutions, Electrical & Electronic Solutions, and Utility Power Solutions. From enterprise networks to industrial MRO supply to video surveillance applications to electric power distribution, Anixter offers full-line solutions, and intelligence, that create reliable, resilient systems that sustain businesses and communities. Anixter International, Inc. was formed in 1957 and is based in Glenview, Illinois.

Buy $4.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-12 WESCO Datacom Business

Pittsburgh, Pennsylvania, United States

WESCO Datacom Business is a distributor of electrical products.

Sell -