Announced
Completed
Financials
Tags
Acquisition
electrical cables
Public
Single Bidder
Domestic
Majority
United States
Electrical Components
Friendly
Completed
Synopsis
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.
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