Rexel Canada Aquires Lineman’s Testing Labratories of Canada
Janaury 29, 2023
Rexel Canada aquires Lineman’s Testing Laboratories of Canada Ltd (LTL), a leading provider of high-voltage electrical services and products to the utility and industrial markets based in Toronto, ON and Edmonton, AB. The acquisition, which closed today, will provide Rexel Canada with enhanced opportunities in an attractive and value-added market.
The acquisition of LTL will allow Rexel to offer a complementary range of products and services to its existing electrical customer base, further expanding its footprint across the country. Furthermore, LTL and its 65 employees will provide Rexel with enhanced expertise in Electrical Engineering, Substation Services, and NAIL-accredited high-voltage testing, calibration, and equipment. Additionally, Rexel will be able to offer an expanded range of electrical safety products to its existing customer base across the country.
Roger Little, Group Executive Committee member and Chief Executive Officer of Rexel Canada, declared: “I am pleased that LTL’s team and 65 years of competencies will join our Group. This acquisition represents a unique opportunity for Rexel to further expand our presence in Canada in the attractive and green hydro utility business and to increase our recurring service revenues with both current and new business partners.”