REXEL India concludes amalgamation of Yantra Automation & AD Electronics
By admin July 11, 2016 5:32 pm IST
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 on 27th June making it the No. 1 electrical and technical automation distributor in India. It is the largest technical automation distributor in the country today with sales exceeding 210 crores, presence in 16 states, 25 locations, 240 employees and 10 stocking points.
Commenting on this, Vikas Garg, Managing Director, REXEL India Pvt Ltd said, “With 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 per cent last 4-5 years and we are hoping to reach a turnover of Rs. 500 crores by 2018.”
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