Mumbai, June 27, 2016 /PRNewswire/ – REXEL India Pvt Ltd has announced the amalgamation of two distributors of Rockwell Automation, viz., Yantra Automation Pvt Ltd and AD Electronics Pvt Ltd with REXEL India Pvt Ltd, making it the No. 1 Electrical & Technical Automation Distributor in India. REXEL India is the largest technical automation distributor in the country today with sales exceeding Rs 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 the 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 crore 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 Garg.

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 Pvt Ltd, both companies became 100% REXEL subsidiaries effective 1st April, 2014. In the last year, REXEL completed by backend integration on ERP, common Email IDs, branding, etc., completed some approvals from the High Court for the legal merger, as they both were separate legal entities.

Mr Mitchell Williams, CEO of REXEL Asia Pacific came to India for this event where the new REXEL logo was unveiled. 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.”