Wesco International, a (NYSE: WCC), a Pittsburgh, PA-based provider of business-to-business distribution, logistics services and supply chain solutions, acquired entroCIM, a Port Huron, MI-based provider of data center and building intelligence software.
The amount of the deal was not disclosed.
Commenting on the news John Engel, Chairman, President and CEO of Wesco, said: “We are pleased to welcome the entroCIM team to Wesco. This acquisition is indicative of the expanded services, data-informed intelligence and expertise that Wesco intends to provide to our global customers and supplier partners to drive increased value through the supply chain.”
Wesco is a FORTUNE 500® company and a provider of business-to-business distribution, logistics services and supply chain solutions. It offers a product and services portfolio of electrical and electronic solutions, communications and security solutions, and utility and broadband solutions. The company employs approximately 20,000 people, partners with the industry’s premier suppliers, and serves customers around the world. Wesco offers solutions to meet customer needs across commercial and industrial businesses, contractors, government agencies, educational institutions, telecommunications providers, and utilities.
The company operates nearly 800 branches, warehouses and sales offices in more than 50 countries, providing a local presence for customers and a global network to serve multi-location businesses and global corporations. It has more than $22 Billion in annual sales.
FinSMEs
06/06/2024