DALLAS, Texas — Rexel USA, Inc announced that it has completed the acquisition of Teche Electric Supply, LLC (“Teche Electric”), headquartered in Lafayette, Louisiana. With the acquisition, Rexel continues its investment to bolster services along Louisiana’s Interstate 10 corridor and strengthens its Gulf Central Region.
“We are excited to welcome the Teche Electric team into our Rexel USA family,” commented Brad Paulsen, Rexel USA CEO. “Teche Electric has an excellent reputation in the commercial and residential markets and complements Rexel’s current position in the industrial market in southern Louisiana. Brendan O’Hare, our Gulf Central Region President, and his team look forward to partnering with our new Teche Electric teammates as we continue to deliver an exceptional customer experience.”
Dave Frazer, Teche Electric CEO and President stated, “We are honored and excited that Teche Electric Supply will be joining Rexel, a forward-thinking, innovative leader in the electrical distribution industry. Rexel’s company and culture will create strategic value for our employees, customers, and suppliers and our combined geographic footprint will offer products, services, solutions, and digital capabilities that will help our business grow successfully.”
The transaction is expected to close at the end of the month.Tagged with acquisition, Biggest News, Rexel USA, Teche Electric Supply