WESCO International Inc. acquired Anixter International Inc. for $6.1 billion. The Competition Bureau registered a consent agreement requiring WESCO to divest its datacom and utility divisions to address competition concerns in Canada.
WESCO International completed its $4.5 billion acquisition of Anixter International, creating a combined distributor of electrical, industrial, data networking and security products with $17 billion in 2019 sales.
WESCO International, Inc. will acquire Anixter International Inc. in a transaction valued at approximately $4.5 billion, creating a premier electrical and data communications distribution company.
Clayton, Dubilier & Rice (CD&R) will acquire Anixter International, a distributor of network, electrical and utility solutions, in an all-cash deal valued at approximately $3.8 billion. Anixter shareholders will receive $81.00 per share.