Anixter

Anixter International Inc.
Company typeSubsidiary
IndustryDistribution (business)
Founded1957
HeadquartersGlenview, Illinois, U.S.
Key people
William Galvin, President & CEO
ProductsCommunication products and electrical and electronic wire and cable
RevenueIncreaseUS$6.147 billion (FY 2011)[1]
IncreaseUS$362.8 million (FY 2011)[1]
DecreaseUS$188.2 million(FY 2011)[1]
Total assetsIncreaseUS$ 3.034 billion (FY 2011)[1]
Total equityDecreaseUS$1.001 billion (FY 2011)[1]
Number of employees
6,008[2] (2022)
ParentWESCO International
Websiteanixter.com

Anixter International Inc. is a company based in Glenview, Illinois, United States and founded in 1957. The company supplies goods and services for communications, security, networking, audio-visual, and industrial control applications.[2][3][4]

The company operates with three major divisions: Network & Security Solutions, Electrical and Electronic Solutions, and Utility Power Solutions. Aerospace Hardware, once considered the fourth division, was sold by Anixter in 2011 to Greenbriar Equity, which formed Align Aerospace.[5][6]

In 2002 Anixter was named as a Forbes "Platinum 400" company.[7]

On January 13, 2020, Anixter agreed to be acquired by WESCO International for $4.5 billion in cash and WESCO stock.[8] Anixter's shares ceased trading as of June 22, 2020.[9]

  1. ^ a b c d e "Anixter, Form 10-K, Annual Report, Filing Date Feb 27, 2012" (PDF). secdatabase.com. Retrieved Jan 9, 2013.
  2. ^ a b "Anixter International". Fortune. Retrieved 2018-12-16.
  3. ^ "Anixter International Inc. Company Profile - D&B Hoovers". www.hoovers.com.
  4. ^ "Answers - The Most Trusted Place for Answering Life's Questions". Answers.com.
  5. ^ "Greenbriar Equity Group Announces Align Aerospace" (Press release). Business Wire. August 29, 2011. Retrieved June 2, 2018.
  6. ^ "Anixter, Form 8-K, Current Report, Filing Date Oct 25, 2011" (PDF). secdatabase.com. Retrieved Jan 9, 2013.
  7. ^ "Company Search - Company Information - Hoovers Company Profiles - D&B Hoovers - Companies & Details - Hoovers.com". www.hoovers.com.
  8. ^ Podmolik, Mary Ellen (13 January 2020). "Anixter accepts Wesco's $4.5B buyout offer, ending bidding war for Glenview company". Chicago Tribune. Retrieved 13 January 2020.
  9. ^ "WESCO International Announces Completion of Merger with Anixter International". www.prnewswire.com (Press release). Retrieved 2021-01-25.