Rockwell Automation Division of Ideal Supply Company Limited
Rexel Canada Electrical Inc. has acquired the Rockwell Automation Division of Ideal Supply Company Limited
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Rexel Canada Electrical Inc. has acquired the Rockwell Automation Division of Ideal Supply Company Limited. MNP Corporate Finance Inc. acted as exclusive financial advisor to Ideal Supply Company Limited in structuring and negotiating this transaction.
Transaction Brief
Rexel Canada Electrical Inc. has acquired the business assets of Ideal Supply Company Limited's Rockwell Automation Division, a southwestern Ontario wholesale distributor to the electrical, industrial and automotive industries.
Founded in 1926, Ideal Supply Company Limited is a third generation private Canadian-owned distributor and wholesaler of electrical, industrial and automotive aftermarket parts. The company operates two distribution centers, 30 branch locations throughout central and southwestern Ontario, employs over 450 people and is Canada’s largest independent NAPA auto parts distributor. The company has been recognized as one of Canada’s Best Managed Companies for the past eight years.
Rexel Canada Electrical Inc. is a leading distributor of electrical products. Operating under three separate networks - Nedco, Rexel Canada Atlantic, and Westburne. The networks provide electrical products and services to customers in the commercial, industrial, maintenance and residential sectors. With over 200 locations across Canada, Rexel's strategy is to partner with the best in class suppliers to ensure its customers have the best products available in the market.