Baker & McKenzie advised Rexel under the acquisition of Sofinther from its founders.  This acquisition enables Rexel to keep on developing its "multipower" activity in France and to complete its electric solution offer.  Moreover, it reinforces the presence of Rexel on the controlling, thermal regulation and connected solution market.

Rexel is a global leader of professional distribution of products and services for the power industry and is present on three markets: the residential, tertiary and industrial markets.  With more than 28,000 employees, Rexel operates in 35 countries through 2,100 points of sale.  In 2014, it generated a turnover of EUR 13.1 billion.

Sofinther, a distributor specialized in thermal, heating and regulation equipment, serves the markets of collective housing and tertiary and industrial buildings and covers the entire French territory thanks to 24 offices.  In 2014, Sofinther recorded a turnover of EUR 106 million.

Rexel was advised by Baker & McKenzie with Alyssa Gallot (Partner), Hugo Sanchez de la Espada (Local Partner), Paul Nury (Associate) in M&A and Véronique Millischer (Partner) and Johanna Da Costa (Associate) for the Tax aspects.  A Real Estate team was involved as well, with Florence Defradas (Local Partner), Céline Gronier and Maria Batlouni (Associates) as well as a Labor team headed by Denise Broussal (Partner) with Nadège Dallais (Counsel) and Marie-Constance du Couëdic (Associate).  Nathalie Marchand (Local Partner), Thomas Defaux (Associate) in Intellectual Property, Christian Blomet (Senior Counsel) in ITC and Mathilde Poisson (Associate) in Competition Law also worked on this operation.

As far as they are concerned, the founders (and sellers) were advised by Avodire.