WESCO completes acquisition of PE-backed Hazmasters

WESCO International Inc (NYSE: WCC) has completed its recently announced buy of Pickering, Ontario-based Hazmasters Inc, a supplier of safety products to customers in industrial, construction, commercial, institutional and government markets. The financial details of the transaction were not published. Hazmasters was sold by U.S. private equity firm Trivest Partners, which recapitalized the company in 2011. According to the Pittsburgh, Pennsylvania-based WESCO, the acquisition is expected to be accretive to earnings by approximately $0.05 per diluted share in the first year of operation.

DealsCanadaNorth AmericaBriefs