Anixter International To Acquire Assets And Operations Of World Class Wire & Cable

Anixter International Inc., Skokie, Ill., has signed a letter of intent to acquire the assets and operations of World Class Wire & Cable Inc. for about $62 million in cash.

Based near Milwaukee, World Class Wire & Cable is a wire-and-cable specialist. From its single location in Waukesha, Wis., World Class generates approximately $60 million per year in annualized sales and is ranked as the nation’s 132nd-largest electrical distributor, according to Electrical Wholesaling’s 20

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.

Hide comments

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.
Publish