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Europe Daily Bulletin No. 7662

24 February 2000
Contents Publication in full By article 39 / 54
ECONOMIC INTERPENETRATION / (eu) electrical equipment

REXEL, subsidiary of PPR - PINAULT-PRINTEMPS-REDOUTE, specialised in the distribution of electrical equipment, has taken over the American firm BRANCH (some $220 million turnover in 1999). This operation enables REXEL to take fight place among distributors of electrical equipment in the United States, where it will take its annual turnover to 1.7 bn euro.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION