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In The News:

2016 Top 25 Electrical Distributors

06. Anixter International Inc. - Top Electrical Distributors

Company Profile

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Contact Information

About

Headquarters: Glenview, IL
2015 Revenues: $4.8 billion
Change in Sales from 2014: 19.2%
Employees: 8,700
Locations: 320
2015 Divestments: OEM supply – fasteners segment
2015 AcquisitionsHD Supply Power Solutions
Key Executives: Robert J. Eck, president & CEO; Theodore A. Dosch, executive vice president, finance & CFO

Anixter, a distributor of enterprise cabling and security solutions, electrical and electronic wire and cable products, saw big changes in 2015. The company sold its OEM supply – fasteners segment to American Industrial Partners for $380 million, and then a few months later bought the Power Solutions division of HD Supply Holdings for $825 million. The strategic acquisition helped Anixter strengthen its electrical and electronic wire & cable business, as well as its utility business.

“We believe that we’re in the early stages of a capital investment cycle in the utility market in the U.S., particularly, and we wanted to address the weakness in our utility business and take advantage of that capital spend cycle,” President and CEO Bob Eck told MDM last year.

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