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Mergers & Acquisitions

Inside Rexel’s North American M&A Push: Buying Scale and Specialization

Rexel’s newly-announced GCG acquisition extends a multiyear expansion that has strengthened its North American footprint while adding automation, connectivity and engineered services. Tracing those deals reveals how the company’s growth strategy is evolving — and what it signals for electrical distribution’s next phase of consolidation.

September 29, 2026

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Rexel’s agreement to acquire Genuine Cable Group provides a useful lens through which to examine one of electrical distribution’s most consequential expansion stories.

The $1.4 billion transaction announced Sept. 25

would add more than $1.1 billion in expected 2026 revenue. But the strategic significance extends beyond that sales gain: Rexel is assembling capabilities that bring it deeper into customers’ infrastructure and production decisions. That progression has unfolded through a steady combination of regional electrical distributors, industrial automation specialists and businesses with…

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