Anixter Expands Fasteners Offering In OEM Market, Looks To Buy Infast Group

Expanding its offering of fasteners in the OEM market, Anixter International Inc. plans to buy U.K.-based Infast Group Plc in a deal it said was worth $72.2 million.

The offer has been unanimously recommended by the Infast board of directors, Anixter said.

Infast distributes fasteners and other inventory components to original equipment manufacturers. The company, which has about 900 employees, operates 25 distribution centers in the United Kingdom and six distribution centers

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.

Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

TAGS: archive
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.