ABLOY Introduces New Security Products Catalog
The catalog is said to showcase ABLOY’s complete line of products, as well as validate the size, strength and scope of what it delivers to the market.
The catalog is said to showcase ABLOY’s complete line of products, as well as validate the size, strength and scope of what it delivers to the market.
Wesco raised its buyout bid for rival wholesale distributor Anixter to $97 a share in cash and stock, up from $93.50 a share.
The revised per-share consideration represents a premium of about 31% over Anixter’s closing price on Oct. 29. The new bid is now valued at $4.3 billion.
The regional wholesale distributor becomes the 13th member of PowerHouse Alliance, adding additional warehouse locations across the U.S.
Sources tell streetinsider.com the “interested party” referenced by Anixter in a Form 8-K filed to the SEC on Dec. 4 is WESCO Int’l.
Three of the acquirers are the former owners of San Antonio-based Security General Int’l, which they sold to Tri-Ed Distribution in 2012.
During its seventh annual national sales meeting, the Powerhouse Alliance also planned for the upcoming CEDIA Expo and the second half of 2019.
The dates include events hosted by distributors such as KOA CCTV, Ui Supplies and Davis Distribution Systems, plus a road show by Pioneer Music Company.
Several of the industry’s leading distributors offer takes on the latest products and opportunities, technological and market challenges, and updates on the goods and services they offer.
Located in Salt Lake City, independent distributor IML Security Supply will be adding the ISONAS Pure IP access control family to its portfolio.