BecomesÂ the No. 1 Electrical & Technical Automation Distributor in India*
REXEL India Pvt. Ltd. announced the amalgamation of two distributors of Rockwell Automation namely Yantra Automation Pvt. Ltd. and AD Electronics Pvt. Ltd. with REXEL India Private Limited, making it the No. 1 Electrical & Technical Automation Distributor in India. REXEL India is largest technical automation distributor in country today with sales exceeding 210 crores, presence in 16 states, 25 locations, 240 employees and 10 stocking points.Â Rexel entered in India in 2011 by partnering with two well established companies, Yantra Automation- based in Pune and A D Electronics- based in Mumbai, both companies were technical distributor of high value automation solutions.Â Yantra Automation was founded in 1979 in Pune and AD in 1993 in Mumbai.
Commenting on this,Â Mr. Vikas Garg, Managing Director, REXEL India Pvt. Ltd.Â said,Â â€œWith this amalgamation concluded, REXEL will be able to serve a large base of customers much better and will also improve the professional distribution of Electrical and Automation supplies across vast geography of India. We have been growing at a CAGR of 22% last 4-5 years and we are hoping to reach a turnover of Rs. 500 crores by 2018.â€
â€œREXEL India Mission is to support its customers to be at their best in running their business, by providing a broad range of innovative products and services in the field of industrial automation, energy management, supply chain consolidation and electrical supplies. We bring to India our global expertise and aim to be the best technical distributor for our customers, our suppliers and our employees, delivering reliability, proximity and expertise,â€addedÂ Mr. Vikas Garg, Managing Director, REXEL India Pvt. Ltd.
REXEL India Pvt. Ltd. acquired Yantra Automation and AD electronics in 2011 as JV partner with 74% stake and thereafter as per the agreement bought out the balance 26% from owners in the next 3 yearsâ€™ time. Yantra Automation Pvt. Ltd. and AD Electronics Pvt. Ltd. with REXEL India Private Limited, both the companies, both companies became 100% REXEL subsidiaries effective 1stÂ April 2014. In the last year, REXEL completed by backend integration on ERP, common Email IDs, Branding etc. completed some approvals from the High Court for legal merger as they both were separate legal entities.
Mr. Mitchell Williams, CEO of REXEL Asia PacificÂ has come to India for this event as we are unveiling new REXEL Logo. Mr Williams said â€œThis integration forms the largest and the best automation distributor in India. We at Rexel are very proud of our India team who has made this possible and we look forward to a long and fruitful association with India.
Besides REXEL senior leadership team from ShanghaiÂ Mr Steve Gomoll – Regional Director – Market Access, Asia Pacific from Rockwell Automationsaid â€œRexels investment in West India is exactly what Rockwell is looking for in their partners to supply superior service to our mutual customer.â€
Rexel, a global leader in the professional distribution of products and services for the energy world, addresses three main markets – residential, commercial and industrial. The Group supports its customers to be at their best in running their business, by providing a broad range of sustainable and innovative products, services and solutions in the field of technical supply, automation and energy management. REXEL operates through a network of some 2,100 branches in 35 countries, with 28,000 employees. The Groupâ€™s sales were â‚¬13.5 billion in 2015.
REXEL Indiaâ€™s mission is to support its customers to be at their best in running their business, by providing a broad range of innovative products and services in the field of industrial automation, energy management, supply chain consolidation and electrical supplies. REXEL brings to India their global expertise and aim to be here the best technical distributor for their customers, their suppliers and their employees, delivering reliability, proximity and expertise.