Anixter International Inc. stands to gain a foot-hold in the recovering residential construction market and a larger presence in security and low-voltage products with an agreement to acquire distributor Tri-Ed, Woodbury, N.Y., for $420 million. Tri-Ed, which Anixter will buy from private equity group Audax Group, serves four major segments of the security business — video, access control, intrusion detection and fire/life safety. Tri-Ed employs over 600 people across 63 locations in ...
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