Rexel Expands US Footprint with Revere Electrical Supply Acquisition

Electrical distributor Rexel announced on May 12, 2026, that it has signed a definitive agreement to acquire Revere Electrical Supply. This acquisition is set to expand Rexel's distribution network within the United States and strengthen its position in the North American market.

Revere Electrical Supply operates as a US-based distributor of electrical materials. Rexel anticipates that the acquisition will complement its existing business operations and yield significant synergies. The financial terms of the deal were not disclosed in the initial announcement.

The move aligns with Rexel's broader strategy of pursuing growth both organically and through strategic acquisitions on a global scale. The US market is identified as a key growth area, and this acquisition represents a concrete step to enhance its standing within it.

In related news, Rexel also announced on May 12, 2026, an extension of its carbon tracking initiative to cover all products distributed within Europe. Earlier in May, the company also successfully launched and issued €400 million in convertible bonds due 2031.