Revere Electrical Supply Acquired by Rexel | Industrials M&A Deal

Rexel has agreed to acquire Revere Electrical Supply, a industrial distribution business in Illinois, for $330m. Rexel acquires Revere Electrical Supply to expand industrial automation distribution and authorized reseller capabilities for Rockwell Automation solutions across the Midwest, with Revere headquartered in Mokena, IL. Revere Electrical Supply operates 10 branches and serves industrial customers in Illinois and Wisconsin with technical expertise and an end-to-end product and services offering. The Rexel acquisitions include this add on acquisition as a strategic acquisition and bolt-on deal, marking Rexel’s 16th North America acquisition since 2020 and its second biggest in the region, with immediate accretion expected and value creation targeted in year 3.