Electrical

Rexel’s $1.4 billion deal for GCG would add more than $1.1 billion in annual revenue and deepen its exposure to data centers, utilities, communications and other critical infrastructure markets, extending an aggressive 2026 acquisition push....

Prysmian’s $95-per-share agreement for Atkore would unite a major wire and cable producer with a broad portfolio of conduit, cable management and framing products, creating a larger North American supplier positioned around electrification and data...

The electrical distribution giant posted record sales and profitability across its portfolio, with data center growth again leading the way, while sharply raising its 2026 outlook and closing its Newark Engineering acquisition.

The distributor expects to open the facility this fall, adding about 20 employees as it expands its service coverage across West Texas and neighboring New Mexico.