| 
Rexel acquires Tri-Valley Electric Supply in Phoenix area
Dallas, United States, July 2, 2007 - The Rexel Group (Rexel),
the world’s leader in electrical supplies distribution today
announces the acquisition of the business of Tri-Valley Electric Supply, Inc., a single-location electrical and datacom supplies distributor in Casa Grande, Arizona.
Founded in 1978, Tri-Valley serves the residential, commercial, and industrial customer segments in the greater Pinal County area. Tri-Valley operates from a modern 12,000 sq. ft. facility with 15 employees. Former owners Ron and Marian DiMino will assist the company during the transition period before retiring.
The acquisition, a complementary fit to existing Rexel
locations in Phoenix and Gilbert, Arizona, closed June 16, 2007. The business now operates under the trade
name Rexel Tri-Valley, taking advantage of Rexel's national and international name recognition and Tri-Valley's
local business reputation. The Rexel Tri-Valley branch joins Rexel, Inc.'s West Coast Division.
Rexel
in the U.S.
Rexel's U.S. holding company, International
Electric Supply Corp. (IESC), is headquartered in Dallas, Texas. IESC oversees the separately managed
and operated businesses of Rexel, Inc. and Gexpro (formerly GE Supply). Rexel employs more than 7,200
people at over 450 locations in 45 states and posted sales of more than $5.3 billion in 2006 in the U.S.
About
Rexel Group
Rexel is the world's leading distributor of electrical supplies. The Group is present in 27 countries, with a network of more than 1,900 branches and employs over 25,000 people. Rexel Group sales were 9.3 billion euros in 2006. Its majority shareholders are an investor group led by Clayton, Dubilier & Rice, Eurazeo, and Merrill Lynch Global Private Equity. Since April 2007, Rexel has been listed on the Eurolist market of Euronext Paris (compartment A, ticker RXL, ISIN code FR0010451203).
For more information,
visit Rexel’s web site at www.rexel.com
Contacts
For
the US:
Dick Waterman
W: (972) 308-9890 dwaterman@rexelusa.com
Mark Daniel
W: (972) 308-9329 mdaniel@rexelusa.com
For
France:
Claire-Valérie
Guillen W: + 33 1 58 47 97 87
C: + 33 6 16
99 30 30 claire-valerie.guillen@eurorscg.fr
Béatrice
Germain W: + 33 1 58 47 95 45
C: + 33 6 79
70 50 68 beatrice.germain@eurorscg.fr
Rexel
Investors Relations
Frédéric
de Castro W:+ 33 1 42 85 76 12
fdecastro@rexel.com
|