Rexel has reached an agreement to acquire Talley, a distributor of wireless infrastructure products and solutions in the United States. This will give Rexel a greater presence in in-building wireless, private LTE, or enterprise networks and ongoing network coverage densification.
Founded in 1983, Talley provides network infrastructure products to mobile network operators, network installers, infrastructure operators, and end-users across the US. Headquartered in Los Angeles, Talley operates with the support of 11 warehouses and over 300 employees.
Rexel said this complements its $700 million in sales in North America's datacom and data center spaces. It enhances the group’s offer with both connected and electrified solutions to further benefit from the electrification trend of wireless connectivity and digitalization. It also provides access to high-growth verticals, including in-building wireless, private LTE, or enterprise networks, as well as ongoing network coverage densification and future upgrades.
The two companies said that the combined company will open up multiple opportunities for further development and efficiency improvement, which will benefit Talley and Rexel’s customers.
“This new transaction is fully in line with our strategy of reinforcing our exposure to faster-growing trends and verticals and increasing our weight in North American markets,” said Guillaume Texier, CEO of Rexel. “Talley has an excellent reputation and market recognition for its value-added services and shares Rexel’s customer-centric values.”
The Talley deal, set to close in June, needs US antitrust approval and customary closing conditions.
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Sean Buckley
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