Anixter Acquired by WESCO

Anixter International Inc. - - has announced an agreement to be acquired by WESCO International Inc. – -  in a deal worth approximately $4.5 billion.

Anixter, a leading global distributor of Network & Security solutions, Electrical & Electronics Solutions and Utility Power Solutions announced the merger agreement under which WESCO will acquire Anixter to “create a premier electrical and data communications distribution and supply chain services company” said John J. Engel, WESCO Chairman, President and Chief Executive Officer.

Anixter International Inc. –
WESCO International Inc. –