Electrocomponents Acquires MRO-Solutions Provider IESA

In line with our strategy to build out our value-added service proposition, Electrocomponents plc is pleased to announce that it has reached agreement to acquire IESA, a leading provider of value-added services to industrial customers for a cash consideration of £88 million. Acquisition of leading corporate MRO(1) marketplace provider of value-added services Significantly enhances the…

The Future of Electrocomponents … is in MRO?

Electrocomponents PLC has the potential to become a $10 billion enterprise within the next 10 years but to achieve this lofty goal, the U.K.-based distributor must venture outside the electronic components market and put down big stakes in the larger maintenance, repairs and operations (MRO) market. CEO Lindsley Ruth set the stage for Electrocomponents’ transformation…

VCC: A One-Stop Shop for Indicators

Thanks to two major acquisitions in the past two years, Visual Communications Company, LCC (VCC) is now positioned as one of the broadest product line manufacturers of indicators, expanding its product portfolio beyond LED technologies to include neon and incandescent lamps. The company acquired the indication and illumination product lines from Chicago Miniature Lighting and…

Amphenol Industrial Participates in Buy America

Sidney, N.Y. — Amphenol Industrial Products Group, a global leader in interconnect systems, is a participant in the United States Department of Transportation’s Buy America provision for the rail and mass transit industries. The Buy America program, which requires that transportation infrastructure projects use American-made products, provide government funds only to American companies that either…