Rexel Acquires Wasco from Gilde

May 30, 2023

Rexel Group has agreed to acquire Wasco, a leading Dutch wholesaler in heating, plumbing, spare parts and HVAC, from Gilde Equity Management and Wasco management. The transaction, subject to works council consultation and European competition approval, will allow Wasco to continue expanding its product range and support customers in the Netherlands' energy transition while operating under its own name.

Buyers
Rexel Group
Targets
Wasco
Sellers
Gilde Equity Management, Wasco management
Location
Gelderland, Netherlands
Transaction Type
Buyout

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