.
MergerLinks Header Logo

Announced

Completed

OmniCable completed the acquisition of Houston Wire & Cable for $91m.

Financials

Edit Data
Transaction Value£66m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium39%
One Off Charge-

Tags

Edit

Acquisition

electrical cables

Public

Single Bidder

Domestic

Majority

United States

Electrical Components

Friendly

Completed

Synopsis

Edit

OmniCable, a redistributor of wire and cable, electrical products, and value-added services, completed the acquisition of Houston Wire & Cable, a wholesaler of wire and cable to the electricity distribution market, for $91m. “HWCC, Vertex and OmniCable are highly respected suppliers in their respective markets serving electrical and industrial distributors throughout the US and Canada. This merger creates an outstanding combination of leading businesses that will be well positioned to provide increased value and customer service to its redistributor partners," James L. Pokluda III, HWCC President & CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US