Posted June 17, 2021

Omni Cable acquires Houston Wire & Cable

Omni Cable has completed its acquisition of Houston Wire & Cable Company, following approval of the transaction by HWCC stockholders at a special meeting.

Under the terms of the merger agreement, HWCC stockholders will receive $5.30 in cash for each share of HWCC common stock they hold. The combined company results in a national wire and cable redistribution industry leader that will maximize OmniCable’s and HWCC’s highly complementary businesses, products and national footprint to better meet the needs of both companies’ customers.

The combined company also will continue Vertex, HWCC’s fastener redistribution business. Following the close of the transaction, the company will retain both brands and its existing locations.

“We are thrilled to welcome the HWCC team to OmniCable as it brings together two winning traditions to form one world-class company. We will maintain both brands because of the strong customer relationships each has built over the years,” said Greg Lampert, OmniCable president and CEO. “Offering both brands allows our customers a choice and to work with their preferred partner.”