Rexel SA is a holding company. It is engaged in the distribution of electrical products. The company products are grouped into the following product families: Electrical Installation Equipment, Cables and Conduits, Lighting, Security and Communication, Climate Control, Tools and White and Brown Products. The Electrical Installation Equipment family includes coupling and circuit protection equipment, energy conversion and storage equipment, control equipment, sensors, actuators and consumptions devices, as well as solar panels. The Cables and Conduits family allows fro the distribution of electricity and include raceways, moldings and cable trays. The lighting family covers lighting sources, such as incandescent or halogen bulbs, low energy consumption light bulbs and fluorescent bulbs, and LED on the one hand, and lighting equipment on the other hand, such as interior and exterior lighting systems, sensors as well as decorative accessories. The Security and Communication family comprises of sale from voice, data and image transmission equipment, intruder and fire detection equipment, and monitoring and access control equipment. The Climate Control family is in charge of ventilation, air conditioning and heating equipment. The Tools family covers the sale of hand tools, electrical tools and measuring instruments. The White and Brown products family include household appliances and consumer products. Rexel was founded in 1967 and is headquartered in Paris, France.
CMI Limited (CMI) has rejoined the A1 club. Competitor ARB Corp (ARP) is also rated A1 by Skaffold. Whilst ARB’s business model is focused on the manufacture and distribution of 4x4 accessories for recreational 4WD vehicles, CMI’s expands beyond 4WD accessories to include specialist cabling and electrical products for a range of industry sectors that includes light commercial and heavy transport vehicles. Unfortunately both companies are trading at prices higher than Skaffold’s intrinsic value estimate.