Strategy

Wesco Targets Operating Margin Improvement with Anixter-Era Plan

When Wesco merged with Anixter in 2020, it took on a margin improvement plan, which may help the company reach its 10% EBITDA margin target.

November 16, 2023

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After merging with Anixter in June 2020 and essentially doubling the size of its company,

Wesco International

has been focused on driving revenue and cost synergies as it integrates the business. Its target now is a 10% operating margin.  The electrical, data and security products distributor went from just over $17 billion in Pro Forma 2019 sales to $21.4 billion in 2022, and the merger has exposed the Pittsburgh-based company to a higher mixed portfolio. In 2023, Wesco topped

MDM’s Top Electrical, Data & Security Distributors List

, and ranked among the top distributors on the safety…

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