Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - WESCO INTERNATIONAL INC | wcc-06x07x2012xtrydor.htm |
| EX-99.2 - PRESS RELEASE - WESCO INTERNATIONAL INC | pressrelease-trydor.htm |
1 WESCO Confidential—Do not copy or distribute without express permission from WESCO Distribution, Inc. Toronto DC 201206 DRIVING GROWTH > CREATING VALUE Trydor Industries WESCO Announces Definitive Agreement to Acquire Trydor Industries (Canada), Ltd. • A full-line distributor of high-voltage electrical products and services addressing the transmission, substation and distribution network needs for utilities, independent power producers and utility contractors in Canada • Approximately $35 million in annualized sales • Headquartered in Surrey, British Columbia, with additional offices in Calgary and Edmonton • Expected to be at least $0.05 accretive per diluted share in the first year of operation • Closing is expected to occur in July 2012 Reference: June 7, 2012 WESCO Press Release
2 WESCO Confidential—Do not copy or distribute without express permission from WESCO Distribution, Inc. Toronto DC 201206 DRIVING GROWTH > CREATING VALUE WESCO Acquisition Scorecard Acquisition Priorities Acquisition Summary Consistent with WESCO strategy Strengthens utility growth engine in Canada. Trydor is a full-line distributor of high-voltage electrical products and services addressing the transmission, substation and distribution network needs for utilities, independent power producers and utility contractors in Canada. Rate of return greater than WESCO risk-adjusted average cost of capital Trydor acquisition rate of return is above WESCO risk-adjusted average cost of capital. Accretive in first year of operation This acquisition is expected to be accretive by at least $0.05 per diluted share in the first year of operation. Margins higher than WESCO Trydor’s gross and operating margins are higher than WESCO. Trydor Industries (Canada), Ltd. Acquisition announced on June 7, 2012 Closing is expected to occur in July 2012