PPU acts as Chilean counsel on Wesco-Anixter merger

Philippi Prietocarrizosa Ferrero DU & Uría has acted as Chilean counsel on the merger between Wesco International and Anixter International, securing the approval of Chile’s merger control authorities. 

NYSE-listed Wesco is a leading provider of electrical, industrial, and communications MRO and OEM products, construction materials, and advanced supply chain management and logistics services, while Anixter, which also lists on the NYSE, is a leading global distributor of network and security solutions, electrical and electronic solutions, and utility power solutions. 

The merger transaction is valued at $4.5 billion, and due to both companies’ international reach, involved the jurisdictions of Chile, Canada, China, the United States, Mexico, Russia and Turkey, PPU said.

PPU’s team was led by partner Ignacio Larraín (pictured), with associates Àlvaro Espinosa and Catalina Montero.