Leviton has acquired Brand-Rex Ltd., a developer of cabling solutions for network infrastructure and high-performance industrial applications. A press release said that Brand-Rex’s proprietary cabling solutions and robust European market presence are a natural complement to Leviton Network Solutions’ existing network infrastructure systems offerings and strength in the Americas.
“This acquisition…will enable Leviton to offer truly end-to-end global solutions to our customers,” said Leviton President and COO Daryoush Larizadeh. “The natural synergies between Leviton and Brand-Rex allow for a pure growth opportunity as we strengthen and expand our geographic and vertical industry presence.”
Brand-Rex will provide cabling to complement Leviton’s connectivity solutions in Europe, the Middle East, Mexico, Latin America and Asia. Over time, Leviton will use this new expanded geographic presence and logistics infrastructure to offer a wide range of Leviton products in these markets. Leviton will continue its existing cable supplier partnerships to meet the unique needs and specifications of customers in the U.S.
Brand-Rex will join the Leviton Network Solutions division and will continue to be managed by Martin Hanchard, reporting directly to Ross Goldman. Leviton and Brand-Rex will maintain their separate sales and distribution channels, as well as existing manufacturing operations. Brand-Rex products will continue to use the Brand-Rex name following the acquisition. “I could not be more thrilled about the opportunities this acquisition will provide, and we welcome Brand-Rex to the Leviton family of companies,” said Leviton CEO Don Hendler.
“Our long-term goal for Brand-Rex has always been to join a large multinational industry group that shares our core values,” said Brand-Rex CEO Martin Hanchard, “We … look forward to our customers realizing the benefits of this acquisition.”
