Anixter International Archives

Wesco Targets Operating Margin Improvement with Anixter-Era Plan

When Wesco merged with Anixter in 2020, it took on a margin improvement plan, which may help the company reach its 10% EBITDA margin target.

November 16, 2023

Electrical

Former Anixter Chairman Sam Zell Passes at 82

Zell piloted Anixter's board for 34 years until its $4.5 sale to Wesco International in 2020.

June 7, 2023

News

Wesco Unveils New ‘Wesco Anixter’ International Brand

The new international Wesco Anixter brand represents the combined organization across its CALA, EMEA and APAC regions.

January 31, 2023

Earnings

Wesco 2Q Sales Remain Robust as Backlog Soars 80%

June 22 marked the 2-year anniversary of Wesco's landmark acquisition of Anixter International, which continues to drive major sales gains.

August 4, 2022

Mergers & Acquisitions

QuickTake: Innovation from Strategic Deals Challenges PE Playbook

Mike Marks and Tom Gale explore the impact of recent landmark acquisitions and how the mission of strategic deals runs counter to that of private equity.

July 22, 2022

Operations

Anixter Acquisition Boosts WESCO’s 1Q Sales

Ever since completing the $4.5 billion acquisition of Anixter International Inc. almost a year ago, WESCO has benefited from favorable comps, which was again the case in 1Q.

May 6, 2021

Operations

WESCO’s 3Q Sales Soar on Anixter Acquisition

In its second earnings report since completing the $4.5 billion acquisition of Anixter International Inc. but first to include the new addition's full financials, WESCO recorded a 93% sales jump and a $66.2 million profit.

November 5, 2020

Operations

What’s HD Supply’s Next M&A Move?

On HD Supply’s earnings call, CEO Joe DeAngelo and CFO Evan Levitt discussed the company’s M&A strategy following the divestiture of its Construction & Industrial – White Cap division. (Hint, it’s only a matter of time before the company is again acquisitive.)

September 9, 2020

Operations

Remote Sales and M&A Disruption: MDM’s Top Blogs of August

It is not business as usual in distribution, as reflected by the most-read blogs on MDM.com this month.

August 28, 2020

Operations

WESCO Already Seeing Impact of Anixter Addition in ‘New Era’

It’s a new era at WESCO International, which rode the acquisition of Anixter International to a 2Q revenue and EPS beat in its first earnings report since the epic deal closed in June. But pitfalls remain as a massive integration looms for the two distribution giants.

August 13, 2020

Operations

WESCO’s Q2 Sales Down 2.9%

In its first earnings report since completing the $4.5 billion acquisition of Anixter International Inc., WESCO notched a loss of $34.5 million.

August 13, 2020

Operations

M&A Activity Poised for Post-Coronavirus Rebound

What does the new normal look like in a socially distanced business environment? MDM examines what’s on the horizon for both strategic and financial deals, as well as for prospective buyers and sellers, in a world still dealing with the COVID-19 coronavirus.

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July 10, 2020

Operations

June M&A Roundup: Deals Resume After COVID-Related Drought

Mergers and acquisitions among distributors and manufacturers picked up last month after an especially slow April and May, due to concerns over the coronavirus.