Rexel Group acquired a large majority stake and control of Tecno B
The Rexel Group, a global player in the professional distribution of products and services for the energy sector, announced that Rexel Italia acquired a large majority stake and control of Tecno Bi, an Italian company specialising in high value-added industrial automation solutions.
Founded in 1988 in Sassuolo (MO), Tecno Bi is now a benchmark for Italian industry thanks to its expertise in areas such as Drives, HMI, PLC, industrial PCs and Industry 5.0. With an annual turnover of around EUR 35 million, a customer portfolio of over 10,000 companies and the distribution of exclusive brands such as Weintek and Toshiba, Tecno Bi has built a solid reputation on the national scene.
The acquisition of Tecno Bi aligns with Rexel Group’s Axelerate 28 plan, reinforcing its role in industrial automation and consolidating its position in the Italian market. The deal supports Rexel’s strategy to develop local expertise centers, expand value-added services, and strengthen its customer-centric approach.
With Italy set to become a EUR 9 billion automation market by 2028, Tecno Bi’s acquisition allows Rexel Italy to boost industrial sales by 50% by 2027, broaden solutions and customer base, enhance technical expertise, and strengthen its footprint in key regions (Veneto, Piedmont, Lombardy, Tuscany, Emilia-Romagna).
Thomas Moreau, President of Rexel Italy, said: ‘The integration of Tecno Bi is a key milestone in our roadmap in Italy. It allows us to accelerate, offer more technical industrial solutions and position ourselves as a benchmark for automation in the Italian market.’
David Moyal, CEO of Rexel Italy, added: “Tecno Bi will enable us to rapidly expand and distribute our industrial platform, which focuses on technical value, expertise and customer proximity. It is a lever with immediate impact, but also with lasting transformation. This acquisition is fully in line with the Group’s Axelerate 28 plan and its local version, Xpertise 2025-2028.”
Valter Costi, Managing Director of Tecno Bi, commented: ‘We have found a solid partner in Rexel, which shares our vision of innovation, agility and customer focus. This alliance will open up new prospects for our team, our customers and our partners in the industrial sector. Together, we will go further, faster.’
Rexel Italia was assisted as financial advisor by the Mid Cap Advisory team of EQUITA, Italian partner of Clairfield International, by KPMG for financial due diligence assistance, and by Pirola Pennuto Zei & Associati for tax and corporate aspects and for the definition of contractual agreements.
Tecno Bi was assisted by the law firm ESG LEX for legal aspects and by Studio Professionisti di Modena for tax, valuation and financial aspects.
Equita Mid Cap Advisory (Clairfield Italy) acted as exclusive financial advisor to Rexel Italia.
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