Rexel agrees to buy GCG for about $1.4 billion
Bitget2026/09/25 15:51- Rexel agreed to buy US specialty infrastructure distributor GCG from Audax Private Equity for about USD 1.4 billion enterprise value.
- GCG expects more than USD 1.1 billion revenue in 2026, with about an 11% EBITA margin, supported by value-added services.
- Deal targets faster-growth electrification segments, with over 60% of GCG revenue tied to areas such as data centers and grid modernization.
- Financing combines existing cash with about EUR 800 million of debt, alongside a planned equity raise of up to EUR 500 million.
- Closing is expected by end-2026, subject to customary approvals and conditions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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