In the world of wire and many different types of cable, there are tons of brands and manufacturers but few are worth remembering and mentioning.
Anixter wire and cable distributors
The Anixter is one of those names that in this article, some information about this company will be given.
Anixter is the preeminent provider of Network and Security Solutions, Electrical and Electronic Solutions, and Utility Power Solutions on a global scale.
We assist in the construction, connection, powering, and protection of vital infrastructures and valuable assets.
They provide comprehensive solutions and intelligence that help build dependable and resilient systems that are essential to the continued operation of businesses and communities.
These solutions range from enterprise networks to industrial MRO supply to surveillance cameras application to electric power distribution.
They assist to reduce the cost, risk, and complexity of our customers' supply chains by using our unrivaled worldwide distribution network as well as our knowledge in supply chain management and technical aspects of the industry.
Anixter International Inc. is a firm that was established in 1957 and has its headquarters in Glenview, Illinois, in the United States.
The company is a supplier of goods and services for a variety of application areas, including communications, security, networking, audio-visual, and industrial control.
The company is organized into three primary departments, which are the Network & Security Solutions Department, the Electrical & Electronic Solutions Department, and the Utility Power Solutions Department.
Anixter sold its Aerospace Hardware business to Greenbriar Equity in 2011, which later went on to form Align Aerospace.
Aerospace Hardware was originally regarded the company's fourth division.
Anixter was recognized by Forbes as a "Platinum 400" firm in the year 2002.
On January 13, 2020, WESCO International reached an agreement with Anixter to buy the company in exchange for $4. 5 billion in cash and WESCO stock.
As of the 22nd of June in the year 2020, trading in Anixter's shares was terminated.
Alan and Bill Anixter, who were brothers, established the company Anixter in 1956.
The two men founded Anixter as a wholesale distribution company that resold cable.
They were initially known by their family name, Anixter Brothers.
The two brothers' mother provided a loan of $20,000 to get the business off the ground, and they were able to build it up to a $10 million annual revenue within ten years of receiving the cash.
Anixter relocated its corporate headquarters to Skokie in 1969.
During an interview with the Chicago Tribune, Alan Anixter revealed that he had a list of potential acquisitions in his wallet.
By the time the decade of the 1960s came to a close, Anixter had acquired 19 different businesses.
In 1967, Anixter became a publicly traded company on the American Stock Exchange, and the following year, the company established a presence in the United Kingdom.
