Organization
ACQUISITION
Rexel acquires the Thai company “4 Knights International”
Rexel acquired the Thai company “4 Knights International,” reinforcing the Group’s position in the key Oil & Gas segment, and strengthening Rexel’s presence in South-East Asia.
Founded in 2005 in Bangkok, “4 Knights International” holds a leading position in the downstream Oil & Gas onshore segment. This was Rexel’s second acquisition in Thailand, following that of Quality Trading, a lighting specialist, at the end of 2013.
In addition, the Group also made the following acquisitions last year:
- January 2014: Esabora Digital Services, a software publishing company based in France, specialized in editing software for electrical contractors and installers,
- March 2014: AMP Ingenieros in Peru,
- July 2014: Elevite in Switzerland and Astrotek in Irland, specialized in the distribution of lighting solutions,
- November 2014: Rexel took a 55% majority stake in Beijing Ouneng Tongxing Technology in China, a distributor of industrial automation solutions.