Rexel buys Revere Electrical Supply for $330M to deepen US Midwest footprint
What's the deal? Rexel, the Paris-listed global electrical distribution giant, has signed a definitive agreement to acquire Revere Electrical Supply, an Illinois-based industrial automation distributor with roughly $330M in 2025 revenue. Revere, headquartered in Mokena, Illinois, operates 10 branches across Illinois and Wisconsin and is an authorised Rockwell Automation reseller known for its technical expertise and solutions management.
This is Rexel's 16th acquisition in North America since 2020 — and its second largest. It is also the company's second deal of 2026.
Why now? Rexel has been on a sustained North American acquisition spree, using bolt-on deals to complement organic growth. The Midwest is a key industrial region, and Revere — with more than 100 years of client relationships — gives Rexel immediate scale there. Industrial automation, Revere's core market, is riding long-term structural tailwinds as manufacturers invest in efficiency and modernisation.
Rexel, which posted €19.4B in global revenue in 2025 across 17 countries, has made North America a strategic priority. The deal is expected to be immediately accretive and value-creating by year three.
What could go wrong? Integration risk is the obvious concern — folding a century-old, relationship-driven regional distributor into a multinational is never seamless. Rexel also faces a crowded North American distribution market, where consolidation is intensifying and competition from larger rivals and digital-first platforms is growing.
Macroeconomic headwinds could also complicate things. If US industrial investment slows or tariff uncertainty weighs on manufacturing capex, the growth thesis behind the deal could take longer to materialise.
The signal: This deal fits a broader pattern of European industrial distributors using M&A to build scale in the US, where electrification, automation, and reshoring trends are driving sustained demand. Rexel's 16 North American acquisitions in six years signal a bet that the region will be its primary growth engine for years to come. For the industrial automation distribution sector, consolidation is accelerating — and the mid-market players with strong client bases and niche expertise are the prime targets.
Read more: globenewswire.com
