The Rexel Group, a global player in the professional distribution of products and services for the energy world, announced that Rexel Italia has acquired a large majority stake and control of Tecno Bi, an Italian company specializing in high value-added industrial automation solutions.

Founded in 1988 in Sassuolo (Modena, Italy), Tecno Bi is now a reference point for Italian industry thanks to its expertise in areas such as Drives, HMI, PLCs, industrial PCs and Industry 5.0.

With an annual turnover of about 35 million euros, a customer portfolio of more than 10,000 companies and the distribution of exclusive brands such as Weintek and Toshiba, Tecno Bi has been able to build a solid reputation on the national scene.

Rexel Italia was assisted as financial advisor by the Mid Cap Advisory team of EQUITA, the Italian partner of Clairfield International, by KPMG for the financial due diligence, and by Pirola Pennuto Zei & Associati for tax and corporate matters and for the drafting of contractual agreements.
Tecno Bi was assisted by ESG LEX Law Firm for legal aspects and by Studio Professionisti based in Modena for tax, valuation, and financial matters.

The acquisition of Tecno Bi fits coherently into the Axelerate 28 strategic plan of the Rexel Group, which aims to strengthen its presence in the industrial automation sector, a rapidly expanding area of growing importance for the Group. The transaction also responds to the objective of consolidating its positioning in the Italian market, among the most important in Europe for automation and electrical distribution. With a view to a long-term industrial strategy, Rexel aims to develop local hubs of expertise to offer increasingly targeted solutions built on the specific needs of industrial customers, enhancing the know-how of its employees. At the same time, the integration of Tecno Bi makes it possible to further enrich the value-added service offering, with an increasingly customer-centric approach.

With the industrial automation market estimated to reach €9 billion by 2028, Italy remains a strategic pillar in Rexel Group's growth ambitions. In this context, the entry of Tecno Bi represents a concrete opportunity for Rexel Italia to significantly increase its presence in the sector. The deal will enable it to increase industrial sales volume by 50% by 2027, build a solid technical platform by combining the expertise of both companies, and significantly expand both its solution offering and customer base. Integration will also contribute to the strengthening of human capital and the consolidation of territorial presence, particularly in the country's main industrial areas such as Veneto, Piedmont, Lombardy, Tuscany and Emilia-Romagna.

Thomas Moreau, President of Rexel Italy said: "The integration of Tecno Bi is a milestone in our roadmap in Italy. It allows us to accelerate, offer more technical industrial solutions and position ourselves as a reference point for automation in the Italian market."

David Moyal, CEO of Rexel Italia added: "Tecno Bi will allow us to rapidly expand and distribute our industrial platform, focused on technical value, expertise and proximity to customers. It is a lever of immediate impact, but also of lasting transformation. This acquisition fits fully into the Group's Axelerate 28 plan and its local declination Xpertise 2025-2028."

Valter Costi, Managing Director of Tecno Bi commented: "We have found in Rexel a solid partner who shares our vision of innovation, agility and customer focus. This alliance will open new perspectives for our team, our customers and collaborators in the industrial sector. Together, we will go further, faster."

A respectful, growth-oriented integration Tecno Bi will continue to operate with full commercial and management autonomy, while benefiting from Rexel Italia's resources. The goal: to preserve Tecno Bi's technical and commercial DNA while creating shared value.

Rexel Italia is a reference operator in the distribution of products and services for electrical professionals. Thanks to a wide, diversified and innovative offer, it consolidates its presence in the Italian market. With a widespread network of outlets in Northern Italy, Rexel Italia is committed to guaranteeing high quality service, supported by a team of experts. Thanks to its experience and strong partnerships with leading manufacturers, Rexel offers cutting-edge solutions, responding to the growing need for energy efficiency and sustainability. In a market as complex as the electrical market, Rexel Italia stands out with a unique program: Rexel Xpertise. Technical expertise and specialization are the pillars of solid positioning. Customers can count on Xperts for tailor-made accompaniment.

The Rexel Group is a world leader in the multichannel distribution of energy products and services. The Group operates in the residential, tertiary and industrial sectors, offering an evolutionary and customized range in energy management, whether for new construction, renovation, production or maintenance. Rexel is present in 19 countries with more than 1,950 agencies and more than 27,000 employees.

Tecno Bi, founded in 1988 in Sassuolo (Modena, Italy), Italy, is a leading national player in industrial automation. Thanks to solid technological know-how and a widespread presence in the territory, the company has built over time a reputation recognized for competence, reliability and capacity for innovation.