The company saw record 1Q sales and backlog while margins and EBITDA improved, leading to a raised full-year outlook.
All three company geographies were in positive sales territory for the first time in 11 quarters. Meanwhile, the company closed on a Canadian acquisition that added about $61 million of revenue.
The buying group tapped a former ABB, Cerrowire and Southwire executive to lead the newly-formed AD division.
The electrical supplies giant credited its strong growth to its transformation strategy launched in 2021 alongside demand tied to electrification trends that include data center requirements.
Wesco has launched a new managed services suite aimed at helping integrators and end users optimize assets, improve safety compliance and enhance facility performance through software-enabled tools, data insights and global field expertise.
Family-owned since 1957, Shaw Supply brings more than 30 employees to Echo Electric.
United Wire & Cable is one of 11 acquisitions made by GCG over the last 6 years.
Overall, the company saw healthy gains in 4Q and full-year revenue, margins and EBITDA. Get all the key figures here.
Eagan, MN-based Tavoron adds distributors of electrical and mechanical motion control and automation components.
Both Franklin Empire and O’Neil Electric are family/privately-owned businesses and member-owners AD.
Wesco has filed a federal lawsuit against fellow distributor Eckart Supply and six former employees, alleging a coordinated effort to poach more than 30 workers, divert customers and misappropriate trade secrets to build a competing...
Each of Wesco’s operating segments continued to record organic sales growth.
