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Slide #68. WESCO International, Inc. — LaPrairie, Inc.
WESCO International, Inc. (NYSE:WCC)
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 providees 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 supply chain solutions 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 supplies electrical transmission and distribution products, power plant maintenance, repair and operations supplies and smart-grid products, and arranges materials management and procurement outsourcing for the power generation industries.
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Buy (3.43 out of 4)