Rexel is accelerating the development of its multi-energy offer in France by acquiring Sofinther, a distribution company specializing in thermal, heating and control solutions. The Group has been developing this area of expertise since 2012 in response to the growing convergence between electrical and thermal markets, which is helping to improve the energy performance of buildings. Rexel is also developing its presence in the smart building, thermal control and connected devices market, and is strengthening its relationship with customers in the collective housing, commercial building and industrial sectors.
With the acquisition of Cordia, a company specializing in fire safety products and solutions, Rexel completes its offering and strengthens its position as leader in the safety sector in France. Created in 1993, Cordia is based in the Paris area and has also expanded its activity to other European countries. It employs about 40 people and has built strong partnerships with its suppliers. Cordia generated €12 million in sales in 2015, 15% of which were online.