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CEO Pat Communale

Anixter to acquire Tri-Ed for $420 million

Anixter gets branch network, 20k dealers, intrusion and fire capability, access to resi and small business sector
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08/11/2014

GLENVIEW, Ill.—Today, Anixter International announced that it will acquire Tri-Ed for $420 million, so now Tri-Ed, which had aspirations to become a "billion dollar distribution business," will be part of a $1.7 billion security distribution company.