Brief: Rexel To Acquire US Distributor GCG For $1.4 Bln
25/09/2026 17:08
BRIEF-Rexel To Acquire US Distributor GCG For $1.4 Bln Sept 25 (Reuters) - Rexel SA RXL.PA:
REXEL AGREES TO ACQUIRE GCG, LEADING US INFRASTRUCTURE DISTRIBUTOR
GCG EXPECTED TO REACH OVER USD 1.1 BILLION REVENUE IN 2026
GCG EXPECTED TO GENERATE 11% EBITA MARGIN IN 2026
TO ACQUIRE GCG FOR USD 1.4 BILLION ENTERPRISE VALUE
TO FINANCE GCG ACQUISITION WITH EUR 800 MILLION CASH AND DEBT
TO MAINTAIN DIVIDEND POLICY WITH MINIMUM 40% PAYOUT RATIO
EXPECTS GCG ACQUISITION TO CLOSE BY END OF 2026
Source text: Full press release
Further company coverage: RXL.PA
(Gdansk Newsroom)
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