International multichannel distributor Rexel (RXL:PA) has agreed to acquire Mayer Electric, a family-owned, Birmingham, Alabama-based distributor of electrical products and services, for $456 million.
Following a report by a French media group, Paris-based Rexel is denying that it’s in talks about a potential buyout. On Dec. 17, La Lettre reported that Luxembourg-based CVC Capital Partners — guided ...
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