Profile: Anixter International Inc (AXE.N)
9 Dec 2013
Anixter International Inc., incorporated in 1967, is engaged in the distribution of communications and security products, electrical wire and cable products, fasteners and small parts through Anixter Inc. and its subsidiaries (collectively Anixter). During the year ended December 30, 2011, 52.8% of the Company’s sales were to the enterprise cabling and security market, 31.7% were to the electrical and electronic wire and cable market, and 15.5% were fasteners and other small parts sold to the original equipment manufacturing (OEM) market. During 2011, the Company derived 57.8% of its sales from the United States, 18.7% from Europe, 12.2% from Canada and 11.3% from Emerging Markets (Asia Pacific and Latin America). In August 26, 2011, the Company sold Aerospace Hardware business (Aerospace). In July 2012, the Company acquired Jorvex, S.A.
The Company is engaged in the distribution of communications and specialty wire and cable products and C Class inventory components from suppliers to contractors and installers, and also to end users, including manufacturers, natural resources companies, utilities and original equipment manufacturers. The Company is organized by geographic regions, and accordingly, has identified North America (United States and Canada), Europe and Emerging Markets (Asia Pacific and Latin America) as reportable segments. The Company is engaged in the provision of advanced inventory management services, including procurement, just-in-time delivery, quality assurance testing, advisory engineering services, component kit production, small component assembly and e-commerce and electronic data interchange to a range of customers.
Anixter is a distributor of C Class inventory components, which are incorporated into a range of end-use applications and include screws, bolts, nuts, washers, pins, rings, fittings, springs, electrical connectors and similar small parts, which are specialized or engineered for particular customer applications. The Company’s customers cover a range of groups, including manufacturing, resource extraction, telecommunications, Internet service providers, finance, education, healthcare, transportation, utilities, aerospace and defense and government, as well as contractors, installers, system integrators, value-added resellers, architects, engineers and wholesale distributors. The Company sells over 450,000 products. These products include communications (voice, data, video and security) products used to connect personal computers, peripheral equipment, mainframe equipment, security equipment and various networks to each other. These products consist of an assortment of transmission media (copper and fiber optic cable), connectivity products, support and supply products, and security surveillance and access control products. These products are incorporated into enterprise networks, physical security networks, central switching offices, Web hosting sites and remote transmission sites. In addition, Anixter provides electrical wire and cable products, including electrical and electronic wire and cable, control and instrumentation cable and coaxial cable, which are used in a range of maintenance, repair and construction-related applications. The Company also provides a range of electrical and electronic wire and cable products, fasteners and other small components, which are used by OEMs in manufacturing a range of products. The Company sources products from approximately 6,500 suppliers.
Anixter International Inc
2301 Patriot Blvd.
GLENVIEW IL 60026