Rexel closes 17 branches in Germany
Rexel announced today, June 8, that it will reorient itself in Germany. This includes shifting its strategy and portfolio............
to the most attractive regions and businesses.
Rexel will focus on its profitable industrial business, signing an agreement with Siemens to position itself as a regional provider of electrical products.
Rexel will invest in the development of innovative services focusing on product and parts supply and maintenance.
This also includes the closing of 17 branches, combined with the corresponding staff reduction. These measures should be part of the effort to increase the efficiency of their business in Europe !!
At the same time, Rexel is accelerating its development in the industrial market with the development of a platform that will focus on digital services and solutions for IOT- based processes as well as the signature of an agreement with Siemens to develop joint initiatives.