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WESCO Divests Canada Datacom Unit
Following the similar sale of its Canadian Utility business, the move was required to meet agreements as part of WESCO s Anixter acquisition.
Feb 15th, 2021
PITTSBURGH WESCO International announced Feb. 12 that it has sold its legacy WESCO Datacom business in Canada to Guillevin International, a Canadian distributor of industrial products.
The transaction fulfills WESCO’s commitment to divest its legacy Canadian Utility and Datacom businesses in connection with its Consent Agreement with the Canadian Competition Bureau related to WESCO’s merger with Anixter International, which closed on June 22, 2020. Net proceeds will be used to repay indebtedness.