08.10.2009 11:52 AM
Gepco Cable sold
General Cable, based in Kentucky, has acquired Gepco and its Isotec consumer-related cable division. Gepco reported 2008 revenues of approximately $46 million. No details were provided on the sale price.
Gary Geppert, Gepco’s founder will remain with the company in a product development and leadership role.
With the acquisition, General Cable hopes to expand its share of the U.S. market as well as leverage its global sales infrastructure. The company expects to grow the business at roughly two times GDP in the United States and somewhat higher internationally due to ongoing global analog-to-digital conversions.
Gepco offers a complete line of professional broadcast, entertainment and audio/visual cable; cable assemblies in both standard and custom configurations; interconnect and cable-related accessories; and a full line of optical fiber solutions. For more information about these and other General Cable and Gepco Brand products, please contact your local sales representative or visit the Web site at www.generalcable.com or www.gepco.com.
General Cable, a Fortune 500 Company, develops, designs, manufactures, and distributes copper, aluminum and fiber-optic wire and cable products for the energy, industrial, and communications markets.