Rexel to Acquire US-Based GCG for $1.4 Billion to Expand Infrastructure Footprint

Key Facts

1Rexel announced the acquisition of GCG, a leading specialty infrastructure platform in the United States.

2The acquisition represents a key milestone in Rexel’s strategic roadmap to strengthen its international operations.

Rexel announced the acquisition of GCG, a leading specialty infrastructure platform in the United States, according to GlobalNewswire. The transaction values GCG at an enterprise value of approximately $1.4 billion, representing a key milestone in Rexel’s strategic roadmap to strengthen its international operations and scale its presence in the US market.

GCG has delivered double-digit annual revenue growth since 2019 and is expected to reach over $1.1 billion in revenue in 2026. Regarding equity performance, RXL.PA closed at 36.24 EUR on September 24, 2026, having traded between a day low of 36.21 EUR and a high of 37.28 EUR during that session.