WESCO International, Inc. (WCC) said Friday that, through a wholly owned subsidiary, it has completed the acquisition of EECOL Electric Corp., headquartered in Calgary, Alberta, Canada.
In October, WESCO International agreed to buy EECOL Electric for about C$1.14 billion.
The acquisition is expected to be accretive to earnings by about $1.00 per share in 2013.
EECOL Electric is one of Canada's premier full-line distributors of electrical equipment, products, and services with about $0.9 billion in annual sales, 57 locations across Canada and 20 in South America, and more than 20,000 customers. It has a strong warehouse-based business focused on serving industrial, oil, gas, mining, utility, and commercial and residential construction customers.
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December 12, 2025 15:14 ET Central bank decisions dominated the economic news flow this week led by the Federal Reserve. Trade data from the U.S. also gained attention. The Canadian and Swiss central banks also announced their interest rate decisions. Inflation data from China was in focus as the country released the latest consumer price and producer price data.