10-3-13 8-K - Sale of EECOL Argentina operations


 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES AND EXCHANGE ACT OF 1934


Date of Report (Date of earliest event reported): October 3, 2013

WESCO International, Inc.
(Exact name of registrant as specified in its charter)

Commission file number 001-14989
         
Delaware
 
25-1723342
(State or other jurisdiction of incorporation or organization)
 
(IRS Employer Identification No.)
 
 
 
225 West Station Square Drive
 
 
Suite 700
 
 
Pittsburgh, Pennsylvania 15219
 
(412) 454-2200
(Address of principal executive offices)
 
(Registrant's telephone number, including area code)


N/A
(Former name or former address, if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Item 8.01.
Other Events.
On October 3, 2013, WESCO International, Inc. announced that it completed the sale of its EECOL Electric Argentina operations. A copy of the press release issued by WESCO International, Inc. on October 3, 2013 is filed as Exhibit 99.1 to this Current Report and is incorporated herein by reference.
Item 9.01.
Financial Statements and Exhibits.
(d)    Exhibits
Exhibit 99.1
Press Release of WESCO International, Inc. dated as of October 3, 2013.






SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
October 3, 2013
 
WESCO INTERNATIONAL, INC.
(Date)
 
 
 
 
 
/s/ Kenneth S. Parks
 
 
 
Kenneth S. Parks
 
 
 
Vice President and Chief Financial Officer
 



10-3-13 Exhibit 99.1 to 8-K


NEWS RELEASE
WESCO International, Inc. / Suite 700, 225 West Station Square Drive / Pittsburgh, PA 15219

WESCO International, Inc. Announces Sale of Argentinian Business

WESCO International, Inc. (412) 454-4220, Fax: (412) 222-7566
http://www.wesco.com

PITTSBURGH, (October 3, 2013) /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC), is a leading provider of electrical, industrial, and communications maintenance, repair and operating (MRO) and original equipment manufacturers (OEM) products, construction materials, and advanced supply chain management and logistic services, announces that it completed the sale of its EECOL Electric Argentina operations to the current management team of that business on September 30, 2013. The business, acquired as part of WESCO’s acquisition of EECOL Electric Corporation in December 2012, has approximately 35 employees and annual sales of approximately $7 million. WESCO expects to record a pre-tax charge of approximately $2.5 million in the third quarter related to the sale.

# # #
WESCO International, Inc. (NYSE: WCC), a publicly traded Fortune 500 holding company headquartered in Pittsburgh, Pennsylvania, is a leading provider of electrical, industrial, and communications maintenance, repair and operating ("MRO") and original equipment manufacturers ("OEM") product, construction materials, and advanced supply chain management and logistic services. 2012 annual sales were approximately $6.6 billion. The Company employs approximately 9,000 people, maintains relationships with over 18,000 suppliers, and serves over 65,000 active customers worldwide. Customers include commercial and industrial businesses, contractors, government agencies, institutions, telecommunications providers and utilities. WESCO operates nine fully automated distribution centers and approximately 475 full-service branches in North America and international markets, providing a local presence for customers and a global network to serve multi-location businesses and multi-national corporations.
# # #
The matters discussed herein may contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from expectations. Certain of these risks are set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2012, as well as the Company's other reports filed with the Securities and Exchange Commission.
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Contact: Daniel A. Brailer, Vice President, Investor Relations & Corporate Affairs
WESCO International, Inc. (412) 454-4220, Fax: (412) 222-7566
http://www.wesco.com