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Slide #68. WESCO International, Inc. — LaPrairie, Inc.
Acquirer:
WESCO International, Inc. (NYSE:WCC)
Acquiree:
LaPrairie, Inc.
Details:
WESCO International, Inc. (NYSE: WCC), a leading provider of electrical, industrial, and communications MRO and OEM products, construction materials, and advanced supply chain management and logistics services, announced today that WESCO Distribution, Inc., through its wholly-owned Canadian subsidiary, has entered into a definitive agreement to acquire LaPrairie, Inc. Closing is expected to occur in January 2014.
WESCO International is a provider of business-to-business distribution, logistics services and supply chain solutions. Co.'s segments are: Electrical and Electronic Solutions, which supplies a range of products and solutions primarily to the construction, industrial and original equipment manufacturer markets; Communications and Security Solutions, which is engaged in the network infrastructure and security markets; and Utility and Broadband Solutions, which provides products and services to investor-owned utilities, public power companies, including municipalities, as well as global service providers, wireless providers, broadband operators and the contractors that service these customers.
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Strong Buy (3.78 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
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