| History of Anixter |
1957 | Anixter was founded as a reseller of electrical wire and cable |
1967 | Generates $10 million in annual sales |
1969 | Enters CATV market by acquiring Pruzan (division later became ANTEC) |
1974 | Generates $150 million in annual sales |
1975 | Anixter begins trading on the NYSE (NYSE : ANX) |
1980 | Expansion into data cabling markets |
1984 | AT&T divestiture creates new markets |
1986 | Anixter acquired by Itel Corporation Begins global expansion with entry into Europe |
1988 | Generates $500 million in annual sales |
1991 | Enters Mexico Generates $1 billion in annual sales |
1992 | Enters Australia |
1993 | Completes IPO of ANTEC Enters Eastern Europe & Asia/Pacific |
1994 | Enters South America |
1995 | Generates $2.2 billion in annual sales Anixter converts active electronic distribution business to separate integration division. Following final disposition of non-Anixter holdings, Itel Corporation is renamed Anixter International (NYSE : AXE) |
1997 | Acquires Accu-Tech |
1998 | Anixter sells European integration division Acquires Pacer Electronics |
1999 | Anixter sells North American and Asian integration divisions |
2000 | Anixter achieves record year with sales of $3.5 billion (approximately 30% non-U.S.) |
2002 | Company announces plans to relocate its corporate headquarters in Glenview, IL Acquires the operations and assets of Pentacon, Inc. |
2003 | Acquires the outstanding shares of Walters Hexagon Group Ltd. |
2004 | Acquires the operations and assets of Distribution Dynamics , Inc. |
2005 | Acquires the outstanding shares of Infast Group plc. Record sales of $3.8 billion and net income of $90.0 million. |
2006 | Acquires the outstanding shares of IMS, Inc. |
| Acquires the outstanding shares of MFU Holding S.p.A. Record sales of $4.9 billion and net income of $209.3 million. |