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By: David Cohen, Web Editor Tuesday, August 4, 2009 - 12:56 pm |
General Cable, which develops, designs, manufactures, markets, and distributes copper, aluminum, and fiber-optic wire and cable products for the energy, industrial, and communications markets, acquired Gepco International and Isotec, which manufacture and provide high-end cabling solutions for the professional broadcast and entertainment markets.
Gepco reported 2008 revenues of approximately $46 million, and it 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.
“With the acquisition of Gepco International and Isotec’s specialty electronic cable business, General Cable expects to significantly expand its share of this important U.S. market, as well as leverage General Cable’s global sales infrastructure with this technically superior brand of multimedia cables in markets all over the world,” said Jay Lahman, vice president and general manager for Carol, Gepco, and Isotec brand products at General Cable. “We expect the market for these products to grow at roughly two times GDP [gross domestic product] in the United States and somewhat higher internationally due to ongoing global analog-to-digital conversions.”
General Cable North America executive VP, president and CEO Greg Lampert added, “I am pleased that Gary Geppert, the company’s founder and a recognized innovator in the industry, has agreed to stay with the company. He has built Gepco into a technology leader in the professional broadcast industry, nearly doubling revenues of broadcast products over the last five years, and will continue to lead our efforts to develop new and innovative products.”
For more information, please visit www.gepco.com.
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