(AOF) – Rexel has entered into an agreement to acquire Talley, a leading distributor of wireless infrastructure products and solutions in the United States, strengthening its exposure to rapidly growing usage trends Datas. This acquisition allows Rexel to strengthen its activity in the fields of datacoms and data centers in North America, which today represent a turnover of 700 million dollars.
It enriches the group’s offering with connected and electrified solutions in order to benefit from the electrification trends of wireless connectivity and digital.
It also gives it access to high-growth vertical markets, including in-building wireless networks, LTE private networks or enterprise networks, as well as the continued densification of network coverage and future upgrades.
Talley provides network infrastructure products to mobile network operators, network installers, infrastructure operators and end users across the United States. Founded in 1983 by the Talley family and headquartered in Los Angeles, Talley will generate sales of approximately $360 million in 2024, supported by 11 distribution centers and more than 300 employees.
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Concerns remain
According to the Federation of Specialized Trade, Procos, in October 2022, activity fell by 1.5% year-on-year. However, the activity of beauty and health (+ 5.2%) and specialized food (+ 3.5%) are dynamic compared to October 2021. Attendance at points of sale was very impacted by the problems fuel and unfavorable weather. Compared to October 2019, a pre-covid year, the drop in attendance is very sharp (-20.9% in October). Shopping centers and the outskirts are more impacted than city centers with a gap of four to five points.
There are several reasons for concern for the future. The players are experiencing a very significant jaws effect given the increase in their operating costs while the evolution of demand is very uncertain. Very few brands can pass on the increase in their costs in sales prices. The federation therefore asks, among other things, to limit the indexation of the Commercial Rent Index to + 3.5% for the rents of all companies in 2023. It also invokes an absolute emergency: cap the price of energy for 2023 and retroact on contracts already signed to prevent the rate of failures from accelerating.