The company reported profit of $376 million, a 30% drop when compared to the year-ago period.
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WESCO has also made an offer to acquire Anixter International.
The bid comes one day after Anixter reported it had agreed to a bid from private equity firm Clayton, Dubilier & Rice.
Seeger operates as part of Barnes Groups Engineered Components strategic business unit within the Industrial Segment.
Anixter stockholders will consider and vote on a proposal to adopt the previously announced agreement to be acquired by an affiliate of Clayton, Dubilier & Rice.
Operating results declined due to weak global economic conditions, increased FedEx Ground costs from expanded service offerings, the loss of business from a large customer, a continuing mix shift to lower-yielding services and a more competitive pricing environment.
The deal continues Episervers momentum heading into 2020 after the companys November 2019 acquisition of content personalization and analytics company Idio.
Tool-Craft Industries will continue to operate as an independent entity under the leadership of Chet Wilson, its president.
Acquisition of provider of industrial electrical services and equipment expands OTCs footprint in the Southwest.
The acquisition significantly enhances UPGs portfolio with a suite of new products and Morton's two facilities in Illinois and Mexico.
Compressed Air was assisted in the sale by Generational Equity, a mergers and acquisitions advisor for privately held businesses.
The acquisition expands the companys reach in South Carolina.
PIP also announced their plan to fully integrate the consumer side of Boss glove and safety business within PIPs Retail division, West Chester Protective Gear.
The companys legal name becomes Winsupply of Plymouth, MN Co., but will continue to do business as Industrial Equipment & Parts.
