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Rexel to acquire GCG from Audax Private Equity

PRIVATEOct 05, 2026

Acquiring Company

Rexel

Acquired Company

Genuine Cable Group (GCG)

United StatesChicagoEnergyManufacturing

Description

Rexel has agreed to acquire GCG from Audax Private Equity, enhancing its capabilities in specialty wire and cable distribution. The acquisition aims to strengthen Rexel's position in fast-growing sectors, particularly data centers and power infrastructure. GCG's engineering-led distribution capabilities will be integrated into Rexel's energy management platform. This transaction highlights GCG's significant growth since 2019 and its commitment to continued success.

Company Information

Company

Rexel

Location

United States

About

Expert in multichannel distribution for the energy world, Rexel supports its professional customers with sustainable and innovative solutions, wherever they are. Rexel successfully places a sustainability-linked notes offering for a nominal amount of €400 million

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Frequently asked

Who acquired Genuine Cable Group (GCG)?

Genuine Cable Group (GCG) was acquired by Rexel, based in United States. The deal was reported on October 5, 2026. Expert in multichannel distribution for the energy world, Rexel supports its professional customers with sustainable and innovative solutions, wherever they are. Rexel is privately held and operates in Energy.

When did Rexel acquire Genuine Cable Group (GCG)?

Rexel's acquisition of Genuine Cable Group (GCG) was reported on October 5, 2026. Rexel has agreed to acquire GCG from Audax Private Equity, enhancing its capabilities in specialty wire and cable distribution. The acquisition aims to strengthen Rexel's position in fast-growing sectors, particularly data centers and power infrastructure. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Genuine Cable Group (GCG) do?

Genuine Cable Group (GCG) is a leading value-added provider of wire, cable, connectivity, and automation solutions serving diverse markets. It is privately held, operating in Manufacturing, and is based in Chicago.

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