Electrical Marketing's LiveWire

Rumors of Anixter sale revived by Bloomberg report

A story last week from Bloomberg cites unnamed “people with knowledge of the matter” to report that datacom wire and cable distribution giant Anixter International Inc., Glenview, Ill., is working with Goldman Sachs Group to find a buyer for the company.

Bloomberg named electrical distribution giant Rexel Inc., Paris, among the first-round bidders and said a second round of bids for Anixter will be sought next month. Anixter has a market value of $3.4 billion and rumors of its potential sale have been a recurrent theme over the past several years. 

Bloomberg story: “Sam Zell-Backed Anixter Said Working With Goldman Sachs on Sale”

Discuss this Blog Entry 0

Post new comment
or to use your Electrical Marketing ID
What's Electrical Marketing's LiveWire?

Electrical Marketing's LiveWire brings you breaking news, on-the-fly analysis and running commentary about the electrical products marketing channel

Contributors

Jim Lucy

Jim Lucy has been wandering through the electrical market for more than 30 years, most of the time as an editor for Electrical Wholesaling, Electrical Marketing newsletter and CEE News. During that...

Doug Chandler

Doug Chandler began writing about the electrical industry in 1992, and still finds there's never a shortage of stories to be told. So he spends his days finding them and telling them....
Blog Archive