Rumors of Anixter sale revived by Bloomberg report

Bloomberg named electrical distribution giant Rexel Inc., Paris, among the first-round bidders and said a second round of bids for Anixter will be sought next month.
Feb. 24, 2014

A story last week from Bloomberg cites unnamed “people with knowledge of the matter” to report that datacom wire and cable distribution giant Anixter International Inc., Glenview, Ill., is working with Goldman Sachs Group to find a buyer for the company.

Bloomberg named electrical distribution giant Rexel Inc., Paris, among the first-round bidders and said a second round of bids for Anixter will be sought next month. Anixter has a market value of $3.4 billion and rumors of its potential sale have been a recurrent theme over the past several years. 

Bloomberg story: “Sam Zell-Backed Anixter Said Working With Goldman Sachs on Sale”

About the Author

Doug Chandler, Senior Staff Writer

Executive Editor

Doug Chandler began writing about the electrical industry in 1992, and still finds there's never a shortage of stories to be told. So he spends his days finding them and telling them. Educationally, he's a Jayhawk with an English degree. Outside of work, he can often be found banging drums or harvesting tomatoes.