On July 8, electrical distributor Rexel USA announced the acquisition of Rochester, New York-based Horizon Solutions.
Rexel said the acquisition will allow it to expand its presence as a Rockwell Automation distributor in the Northeast U.S. region with Horizon Solutions’ 10 branch locations in New York and New England.
“We are thrilled to welcome Horizon Solutions to the Rexel USA family,” said Brad Paulsen, CEO of Rexel USA. “We have long admired Horizon Solutions as it is a company led by strong core values and a passion for serving their customers. We are also excited for the opportunity to further our market presence and ability to serve our customers in the New England and Upstate New York markets because of this acquisition. Christopher Monoson, our Northeast Region President, and his entire team, are looking forward to working with the Horizon Solutions team to deliver outstanding service and solutions for our customers.”
Rexel said the transaction is expected to close by the end of the month. Further details were not disclosed.
“Horizon Solutions has partnered with Rexel to help bring our business to the next level for our customers, suppliers and employees” said John Kerkhove, president of Horizon Solutions. “Our strong industrial automation, industrial supply and electrical products, solutions and services are a great complement to Rexel’s branch network and commercial offer, and we are excited about our ability to deliver exceptional customer service.”