History of Anixter
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About Anixter History of Anixter
History of Anixter

1957
Anixter was founded as a reseller of electrical wire and cable
1967
Generates $10 million in annual sales
1969
Enters CATV market by acquiring Pruzan (division later became ANTEC)
1974
Generates $150 million in annual sales
1975
Anixter begins trading on the NYSE (NYSE : ANX)
1980
Expansion into data cabling markets
1984
AT&T divestiture creates new markets
1986
Anixter acquired by Itel Corporation
Begins global expansion with entry into Europe
1988
Generates $500 million in annual sales
1991
Enters Mexico
Generates $1 billion in annual sales
1992
Enters Australia
1993
Completes IPO of ANTEC
Enters Eastern Europe & Asia/Pacific
1994
Enters South America
1995
Generates $2.2 billion in annual sales
Anixter converts active electronic distribution business to separate integration division.
Following final disposition of non-Anixter holdings, Itel Corporation is renamed Anixter International (NYSE : AXE)
1997
Acquires Accu-Tech
1998
Anixter sells European integration division
Acquires Pacer Electronics
1999
Anixter sells North American and Asian integration divisions
2000
Anixter achieves record year with sales of $3.5 billion (approximately 30% non-U.S.)
2002
Company announces plans to relocate its corporate headquarters in Glenview, IL
Acquires the operations and assets of Pentacon, Inc.
2003
Acquires the outstanding shares of Walters Hexagon Group Ltd.
2004
Acquires the operations and assets of Distribution Dynamics , Inc.
2005
Acquires the outstanding shares of Infast Group plc.
Record sales of $3.8 billion and net income of $90.0 million.
2006
Acquires the outstanding shares of IMS, Inc.
Acquires the outstanding shares of MFU Holding S.p.A.
Record sales of $4.9 billion and net income of $209.3 million.
2007
Acquires the outstanding shares of Total Supply Solutions Limited
Acquires the outstanding shares of Eurofast SAS
2008
Acquires the operations and assets of QSN Industries, Inc.
Acquires the outstanding shares of Quality Screw de Mexico SA
Acquires the outstanding shares of Sofrasar SA
Acquires the outstanding shares of Camille Gergen GmbH & Co, KG and Camille Gergen Verwaltungs GmbH


History of Anixter 2008-08-03


 

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