PARIS, Sept. 16, 2015 (GLOBE NEWSWIRE) -- Following the press release dated April 30, 2015, Rexel announces it has completed today the sale of its operations in Latin America, after receiving the approval of the relevant anti-trust authorities.
This sale is part of the disposal program launched by Rexel early 2015 and which is expected to be completed by the end of 2016 at the latest (see press release dated February 12, 2015).
The sale of the Latin American operations represents approximately 40% of the entire disposal program.
ABOUT REXEL GROUP
Rexel, a global leader in the professional distribution of products and services for the energy world, addresses three main markets - industrial, commercial and residential. The Group supports customers around the globe, wherever they are, to create value and run their businesses better. With a network of some 2,200 branches in 38 countries, and c. 30,000 employees, Rexel's sales were €13.1 billion in 2014.
Rexel is listed on the Eurolist market of Euronext Paris (compartment A, ticker RXL, ISIN code FR0010451203). It is included in the following indices: SBF 120, CAC Mid 100, CAC AllTrade, CAC AllShares, FTSE EuroMid, STOXX600. Rexel is also part of the following SRI indices: DJSI Europe, FTSE4Good Europe & Global, EURO STOXX Sustainability, Euronext Vigeo Europe 120 and ESI Excellence Europe. Finally, Rexel is included on the Ethibel EXCELLENCE Investment Registers in recognition of its performance in corporate social responsibility (CSR). For more information, visit Rexel's web site at www.rexel.com
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