• About MDM
  • Cart
  • Terms & Conditions
  • Privacy Policy
  • Cookies Statement
  • News
    • Premium Articles
    • Latest
    • Technology & Digital
    • Mergers & Acquisitions
    • Talent Development
  • Resources
    • Store
      • Market/Economic Data
      • Management
      • Economic Benchmarks for Wholesale Distribution
      • Sales & Marketing
      • Special Reports
      • What Customers Want
    • Conferences
    • Webcasts
    • Podcasts
    • Directories
      • Associations
      • Buying and Marketing Groups
      • Investment Bank Guide for Distributors
    • Free Reports
    • Partners
  • Research
    • 2019 Market Leaders lists
    • MDM Analytics
    • Economic Benchmarks
    • Industry Competitive Landscape
    • White Papers
  • Subscribe
    • MDM Daily Update
    • MDM Premium
    • Podcasts
  • Premium
    • Download The Issue
    • Subscription Renewal
  • Sign In
  • Sign Out
  • My Account
Home » Ireland-based Unidare to Sell Final Asset

Ireland-based Unidare to Sell Final Asset

December 12, 2005
No Comments

According to news reports, Unidare has announced plans to sell its last-remaining asset, UK-based Eland Cables, to a management team for $7 million in cash. The deal is subject to approval by shareholders.


Eland Cable distributed electrical cables, cable accessories and industrial hose to the rail, telecom and equipment manufacturing sectors in the UK and export markets.


In November, Unidare sold off its U.S. subsidiary, ORS Nasco Inc. ORS Nasco, based in Muskogee, OK, will be sold to a private equity firm for $81 million. The company has focused on wholesaling products in the industrial, welding, safety, construction, rental, and oilfield services sectors. ORS Nasco only sells to distributors.

Electrical Distribution Europe Distribution & Manufacturing M&A
  • Related Articles

    Bosch Tool makes acquistion

    ISPC acquires USFilter's surface preparation group

    MRC Industrial acquires Michigan Rivet

  • Related Products

    Kennametal to Sell UK-based Steel Assets

    Owens & Minor to Acquire Assets of McKesson Acute-Care Unit

    Airgas to Acquire Texas-based Aeriform Corp.

Post a comment to this article

Report Abusive Comment

Popular Stories

  • Distributors are About to Get Commoditized

  • Distributors Struggle with Online Pricing

  • Finding Your ‘Why It Matters’

  • Convenience Will Deliver Sales and Loyalty

  • What are College Seniors Looking for as They Enter the Distribution Field?

Subscribe to MDM Update Newsletter

Your best source for news and trends in the wholesale distribution industry

Join Today
  • ABOUT MDM
    • About
    • Terms and Conditions
    • Authors
  • HELP
    • My Account
    • Login Help/ Password Reset
    • Research
    • Privacy & Data Act

CONTACT
6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060 
Toll free (888) 742-5060

 

Copyright ©2019. All Rights Reserved

  • Privacy Policy
  • Terms and Conditions