WESCO finalizes purchase of TVC
PITTSBURGH, PA - WESCO Distribution has officially completed its purchase of TVC Communications.The US$246.5 million was originally announced last month. "WESCO's data communication product sales are approximately $1 billion after the acquisition of TVC Communications”, said president and CEO John J. Engel, in a statement. “We believe the long term growth potential in data communications is very attractive and we are well positioned for continued growth.”TVC is a distributor of broadband communications network infrastructure products serving the cable, telecommunications and satellite industries in Canada, the United States, Latin America and Europe.www.wescodist.comwww.tvcinc.com
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