M&A Deal Summary

WESCO Acquires Anixter International

On January 13, 2020, WESCO acquired distribution company Anixter International for 4.5B USD

Acquisition Highlights
  • This is WESCO’s 22nd transaction in the Distribution sector.
  • This is WESCO’s largest (disclosed) transaction.
  • This is WESCO’s 19th transaction in the United States.
  • This is WESCO’s 3rd transaction in Illinois.

M&A Deal Summary
Date 2020-01-13
Target Anixter International
Sector Distribution
Buyer(s) WESCO
Deal Type Merger
Deal Value 4.5B USD
Advisor(s) Centerview Partners
Wells Fargo Securities (Financial)
Sidley (Legal)

Target

Anixter International

Glenview, Illinois, United States
website
Entrance to Anixter's corporate headquarters in Glenview, Illinois.
Entrance to Anixter's corporate headquarters in Glenview, Illinois.
Anixter International, Inc. is a distributor of Network & Security Solutions, Electrical & Electronic Solutions, and Utility Power Solutions. From enterprise networks to industrial MRO supply to video surveillance applications to electric power distribution, Anixter offers full-line solutions, and intelligence, that create reliable, resilient systems that sustain businesses and communities. Anixter International, Inc. was formed in 1957 and is based in Glenview, Illinois.

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Buyer(S) 1

Buyer

WESCO

Pittsburgh, Pennsylvania, United States

website

Category Company
Founded 1922
Sector Distribution
Employees18,000
Revenue 21.4B USD (2022)
DESCRIPTION
WESCO's corporate headquarters in downtown Pittsburgh, Pennsylvania.
WESCO's corporate headquarters in downtown Pittsburgh, Pennsylvania.

WESCO is a distributor of electrical, data communications, general maintenance, repair, and operating (MRO) and electrical OEM products. WESCO was founded in 1922 and is based in Pittsburgh, Pennsylvania.

DEAL STATS #
Overall 25 of 26
Sector (Distribution) 22 of 22
Type (Merger) 1 of 1
State (Illinois) 3 of 3
Country (United States) 19 of 20
Year (2020) 1 of 1
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-16 OSRAM SYLVANIA - Sylvania Lighting Solutions

Wilmington, Massachusetts, United States

OSRAM SYLVANIA, Inc. - Sylvania Lighting Solutions offers a full spectrum of an energy-efficient lighting upgrade, retrofit, and renovation solutions with annual sales of more than $100 million and approximately 220 employees across the U.S. and Canada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-01 WESCO Utility Business

Ontario, Canada

WESCO Utility Business is a distributor of electrical products.

Sell -
Mergr

Product

Company

Legal