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WESCO International Inc., a provider of business-to-business distribution, logistics services and supply chain solutions, has completed its merger with Anixter International Inc., creating a global B2B distribution and supply chain solutions company.
WESCO and Anixter recently announced the future leadership team and organizational structure that will become effective upon the completion of the merger of the two companies.
WESCO International Inc., a provider of electrical, industrial and communications MRO and OEM products, construction materials, advanced supply chain management and logistics services, and Anixter International Inc., a global distributor of network and security solutions, electrical and electronic solutions and utility power solutions, announced that their boards of directors have unanimously approved a definitive merger agreement under which WESCO will acquire Anixter in a transaction valued at approximately $4.5 billion.
B+E, a tech-driven brokerage and trading platform for net lease real estate, announced the sale of the Wesco distribution center, located at 2256 Citygate Drive in Columbus, Ohio, for $3,350,000.