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Wesco maintained close ties to its parent. In 1994, the private equity firm Clayton, Dubilier & Rice (CD&R) purchased Westinghouse Electrical Supply Company and created Wesco Distribution Inc. [ 4 ] In June 1998, CD&R sold Wesco to The Cypress Group for USD 1.1 billion, which formed WESCO International Inc., the current owner of Wesco Distribution.
Like its parent company, Wesco provided insurance and reinsurance; it does so through subsidiaries Wesco-Financial Insurance Company and Kansas Bankers Surety. It also held shares in some of the same companies as Berkshire, like Coca-Cola , Kraft Foods , Procter & Gamble , and Wells Fargo .
Wesco is the name of several companies in the United States: WESCO International, an electrical distribution company based in Pittsburgh, Pennsylvania; Wesco Financial, a diversified financial corporation based in Pasadena, California; West Coast Shoe Company, maker of Wesco work boots, based in Scappoose, Oregon
Westinghouse Electric Company LLC is an American nuclear power company formed in 1999 from the nuclear power division of the original Westinghouse Electric Corporation. [3] It offers nuclear products and services to utilities internationally, including nuclear fuel , service and maintenance, instrumentation, control and design of nuclear power ...
Aylo, Pornhub’s parent company, will pay a $1.8 million fine and compensate the sex trafficking victims as part of a deferred prosecution agreement. The company pleaded not guilty to the ...
Anixter International Inc. is a company based in Glenview, Illinois, United States and founded in 1957. The company supplies goods and services for communications, security, networking, audio-visual, and industrial control applications. [2] [3] [4]
Fans of Outback Steakhouse may be surprised to see their local restaurant permanently closed after the chain’s parent company abruptly shut down dozens of locations around the US.. Bloomin ...
Weather Group LLC, the parent company of The Weather Channel television network, has named Fred Bucher as its senior VP and chief marketing officer. Bucher will lead the marketing, communications ...