REXEL India announces Amalgamation of Yantra Automation & AD Electronics Pvt. Ltd
by Shrutee K/DNS
Mumbai : 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. Commenting on
this, Mr. 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% last 4-5 years and we are hoping to reach a turnover of Rs. 500 crores
by 2018.”
“REXEL 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,”added
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 years’ 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 1st April 2014. In
the last year, REXEL completedby 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 Pacifichas come to India for this event as we are unveiling
new REXEL Logo. Mr Williams said “This 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 Shanghai Mr Steve Gomoll - Regional Director - Market Access,
Asia Pacific from Rockwell Automation said “Rexel's investment in West India is
exactly what Rockwell is looking for in their partners to supply superior
service to our mutual customer.”
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 Group’s sales were €13.5 billion in 2015.
REXEL India’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.
The Aim of the #automation training is to prepare students with practical skills as per Industry norms and make them capable with the objective of getting a core industry job. Call for job 9310096831
ReplyDeleteDIAC offers certification courses and core job in automation technologies which includes High end practical PLC and SCADA systems, HMI, VFD , DCS, SERVO and instrumentation. Training is given to working professionals, fresh B-Tech diploma graduates and undergraduate students. Call @9953489987.
ReplyDeleteThanks for sharing such a great blog Keep posting.
ReplyDeletecrm software
company database
b2b data companies
b2b data providers
contact database
data provider
sales automation tools
sales automation process
sales automation CRM
Best web development in Brampton
ReplyDeleteBest Website design Company in Toronto
Developing from a group of specialists to an undeniable top SEO office in Canada, we have confidence in persistently redesigning ourselves with the goal that we can offer the most recent types of assistance to our customers