10/10/2008

Anixter International Inc. completes the acquisition of World Class Wire & Cable Inc.

Anixter International Inc. says it has completed the purchase of the assets and operations of World Class Wire & Cable Inc. World Class is a valued-added distributor of electrical wire and cable based in Waukesha, Wisconsin, with annualized sales of approximately $60 million.

According to a press release published on its website, Anixter paid roughly $62 million in cash and assumed trade liabilities for all of the assets and operations of World Class.

Anixter International is a leading global distributor of communication products, electrical and electronic wire and cable, fasteners and other small parts. The company is headquartered near Chicago.