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.
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.
WESCO International Inc.’s $4.5 billion acquisition of Anixter International Inc. will have repercussions across all distribution channels — not just electrical — according to the panel on last week’s MDM Live.
Three channels that will feel the biggest impact from WESCO’s June 22 acquisition of Anixter.
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