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Industrial Electric Wire & Cable signs letter of intent to purchase WyroTech

Industrial Electric Wire and Cable Company (IEWC) of Toronto and Saint-Laurent, Que.-based WyroTech announced today...


April 17, 2007  


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Industrial Electric Wire and Cable Company (IEWC) of Toronto and Saint-Laurent, Que.-based WyroTech announced today they have entered into an agreement whereby all outstanding shares of WyroTech will be acquired by IEWC.

WyroTech is a UL and CSA certified stocking distributor of wire, cable and wire management products.

It also provides other services such as the striping, dyeing, twisting and cutting of wire and cable.

Founded in 1994 by Mary Bufo, WyroTech services and supports the needs of the OEM and sub-assemblers located principally in Quebec and throughout Eastern Canada. Bufo will remain with the organization and will be joining the IEWC team.

This transaction is expected to close this quarter.