Leadership

Behind the Deal: Why Did Rexel Acquire Mayer Electric — and Why Did Mayer Sell?

MDM takes a deep dive into Rexel’s $456 million, market-shifting acquisition of Mayer Electric.

October 11, 2021

source: Mayer Electric

The acquisition is sure to shift MDM’s Top Electrical, Data & Security Distributors list for 2022 — Rexel was No. 5 and Mayer was No. 12 in the 2021 rankings.
Rexel’s addition of Mayer gives the electrical distribution giant a strong presence in the Southeast U.S., where it had some gaps in coverage.
Mayer’s decision to sell seems odd, according to analysts, given the company’s history of being proudly family-owned.

Last week, French publicly traded electrical distribution giant Rexel announced it was

for $456 million. The…

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