Canada

News aus der Elektroindustrie

Rexel announced on 2nd February that it had acquired WESCO International's Canadian subsidiary (WESCO Canada Utility)...

Rexel announced on 2nd February that it had acquired WESCO International's Canadian subsidiary (WESCO Canada Utility). WESCO had merged with Anixter in June 2020 and in this context agreed with the Canadian competition authority that they would sell their Canadian sales company in return. The net proceeds of this deal would be used to repay WESCO's debt.

WESCO Canada operates in an environment where hydropower accounts for more than 60% of electricity generation and more than 2/3 comes from green energy. The company operates four offices in Canada with around 60 employees and sales of over USD 70 million (EUR 58 million).

This is a unique opportunity for Rexel to accelerate its development in Canada in the attractive and environmentally friendly hydropower business and to benefit from the recurring service revenues.

With this takeover, Rexel also wants to prove that it has repositioned itself in the recent past and is ready again to take up its acquisition strategy and take over companies that complement its own activities and product range in order to increase the company's value.

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Wolfgang Mailänder has been appointed Head of Marketing for the US and Canada regions. Mailänder has been with Osram for 20 years, now Ledvance and he operates from the headquarters in Wilmington / MA.
 

Wolfgang Mailänder has been appointed Head of Marketing for the US and Canada regions. Mailänder has been with Osram for 20 years, now Ledvance and he operates from the headquarters in Wilmington / MA.
 

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Philips Lighting appoints Greg Blackett as Marketing Director in Canada. Blackett comes from Johnson Controls, where he served as director of marketing and product management. Previously he was with Rogers and Siemens Enterprise Communications.

Philips Lighting appoints Greg Blackett as Marketing Director in Canada. Blackett comes from Johnson Controls, where he served as director of marketing and product management. Previously he was with Rogers and Siemens Enterprise Communications.

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Weidmüller from Detmold has taken over from Rockwell/USA its W-Interconnections companies in the US, Canada  and Mexico. It has been agreed not to disclose the purchase price.

Weidmüller from Detmold has taken over from Rockwell/USA its W-Interconnections companies in the US, Canada  and Mexico. It has been agreed not to disclose the purchase price.

This underlines Weidmüller’s long-term involvement in its sector (connection technology and automation) in the free-trade zone in the continent of North America (NAFTA).

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The members of America’s largest purchasing and marketing association Affiliated Distributors (AD) from Wayne/PA, managed to increase its turnover by 9%...........

The members of America’s largest purchasing and marketing association Affiliated Distributors (AD) from Wayne/PA, managed to increase its turnover by 9%...........

in the 2014 business year to a total of USD 31.2 bn (EUR 28.8 bn) (across all countries and all AD divisions, including electrical, plumbing, heating, ventilation, tubes, fittings and building materials).

The electrical division achieved an 8% increase in the USA and 9% in Canada; industry: plus 5%; sanitation: plus 8%; HVAC plus 9%; building materials: plus 16%.

This means that the AD members achieved above-average growth for the sector. In addition 83 new branches were opened, 23 new takeovers effected and 2,180 new employees taken on. 30 new members and 40 new suppliers were won, new programmes and services added, and last, but not least there was expansion into Mexico.

So below the line it was a real record year, as Bill Weisberg, the chairman and CEO of the association declared with satisfaction.

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