Tag: Dubilier & Rice
Anixter to be acquired for $3.8 billion
November 1, 2019SSN Staff
GLENVIEW, Ill.—Anixter International Inc., a global distributor of Network & Security Solutions, Electrical & Electronic Solutions and Utility Power Solutions, has entered into a definitive agreement with an affiliate of Clayton, Dubilier & Rice to be acquired in an all cash transaction valued at approximately $3.8 billion. The transaction will result in Anixter becoming a private company and is expected to close by the end of the first quarter of 2020.“We believe this transaction is...