Anixter International Significantly Expands Presence in the Kingdom of Saudi Arabia | MarketWatch

Article by · 2011/10/09 ·

GLENVIEW, Ill., Oct. 6, 2011 /PRNewswire via COMTEX/ — Anixter International Inc., AXE +2.75% , a leading global distributor of communication and security products, electrical and electronic wire and cable, fasteners and other small parts, announced today that it is establishing a strategic partnership in the Kingdom of Saudi Arabia with Mohawarean Trading Company MTC, a subsidiary of Mohawarean International Group MIG, through the formation of a new business entity, Anixter Saudi Arabia Limited. Anixter will have the majority holding in the joint venture.[…]

via Anixter International Significantly Expands Presence in the Kingdom of Saudi Arabia through the Creation of Anixter Saudi Arabia Limited – MarketWatch.