In an effort to expand its operations North America’s telecommunications industry, IEWC, Milwaukee, WI, purchased CABLCON, a supplier of custom broadband cabling and fiber and copper connectivity solutions.
“CABLCON’s long history of success in telecommunications makes them a compelling addition to the IEWC team as we expand our support of telecom in North America,” said Mike Veum, IEWC’s CEO. “IEWC is a leading global provider of wire and cable materials to manufacturers and sub-assemblers in an array of market verticals and maintains a strong presence in telecom and data centers in the UK and US. This acquisition of CABLCON, in addition to our acquisition of telecom supplier Jupiter Communications last year, reinforces IEWC’s commitment to become a leading connectivity solutions provider for telecom companies and data centers throughout the world, with a focus on North America.”
CABLCON’s customers are primarily wireless, wireline and cable television system integrators and DC power contractors. IEWC said in the press release announcing the deal that they will benefit from the global supply chain and logistics capabilities of IEWC, along with its domestic and international network of distribution centers. “Customers can expect to see increased availability, faster fulfillment, and broader product offerings as the two organizations integrate in the months ahead,” according to the press release.
Bryan Kadrich, CEO and owner of CABLCON will head up this new division for IEWC as President - CABLCON, continuing to lead the CABLCON team and operations based in Detroit, Michigan and Dallas, CABLCON was represented by Allegiance Capital in this transaction.
IEWC is a 59-year-old, employee-owned provider of wire and cable solutions with 25 locations in eight countries.