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Anixter Follows Customers Overseas

Anixter International has recently made three acquisitions - two overseas and one in the Midwest. Here's what the distributor's CFO says about the company's growth plans.
Expanding a company through acquisitions is about more than just growing in size, says Dennis Letham, CFO of Anixter International, a distributor of communication products, electrical and electronic wire &cable, and fasteners. It's about growing in the right place at the right time in the right way. And, the Glenview, IL-based distributor has been finding those opportunities in many places in recent months.
Since the beginning of August, Anixter has made three acquisition announcements in the U.S., Mexico and Europe. Though Letham says the timing of the announcements was completely ...

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